Categories AlphaGraphs, Earnings, Industrials
CAT Earnings: Highlights of Caterpillar’s Q4 2022 results
Construction-equipment manufacturer Caterpillar Inc. (NYSE: CAT) reported double-digit growth in fourth-quarter revenues and adjusted earnings.
Adjusted net profit increased to $3.86 per share in the December quarter from $2.69 per share in the same period of last year. Unadjusted profit was $2.79 per share, compared to $3.91 per share in the fourth quarter of 2021.
The bottom line benefited from a 20% increase in sales & revenues to $16.6 billion. All the key operating segments registered growth.
Check this space to read management/analysts’ comments on Caterpillar’s Q4 2022 results
“Despite supply chain challenges, the team achieved double-digit top-line growth and generated strong ME&T free cash flow. We remain committed to serving our customers, executing our strategy and investing for long-term profitable growth,” said Caterpillar’s chief executive officer Jim Umpleby.
Prior Performance
Most Popular
Tyson Foods (TSN) Q2 2024 Earnings: Key financials and quarterly highlights
Tyson Foods, Inc. (NYSE: TSN) reported second quarter 2024 earnings results today. Sales dipped slightly to $13.07 billion from $13.1 billion in the same period a year ago. Net income
After mixed Q2, what awaits Apple (AAPL) in the second half?
Apple’s (NASDAQ: AAPL) stock rallied this week after the gadget giant reported stronger-than-expected Q2 results and announced the largest-ever share buyback program. The company is investing heavily in the business,
What to expect when Tyson Foods (TSN) reports Q2 2024 earnings results
Shares of Tyson Foods, Inc. (NYSE: TSN) stayed green on Friday. The stock has gained 8% over the past three months. The branded foods company is slated to report its