Categories AlphaGraphs, Earnings, Industrials

Caterpillar reports a 29% rise in revenue in Q1

Caterpillar Inc (NYSE: CAT) reported second-quarter 2021 financial results before the regular market hours on Friday. The manufacturer of construction machinery and equipment reported Q2 revenue of $12.9 billion, up 29% year-over-year and higher than the Wall Street projection. Net income of $2.60 per share was also above the target that analysts had anticipated.

CAT shares were down 0.5% immediately following the announcement. The stock has gained 17% since the beginning of this year.

Caterpillar Q2 2021 earnings

Looking forward to listening to management / analyst comments on the results? Stay tuned here for Caterpillar Q2 earnings call transcript

Prior performance

  • Caterpillar Q4 2020 earnings calendar
  • Caterpillar reports Q3 2020 earnings results
  • Caterpillar reports Q2 2020 earnings results

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