Categories Earnings, Industrials

Infographic: Caterpillar (CAT) Q1 2020 earnings results

Caterpillar Inc. (NYSE: CAT) announced its first quarter 2020 earnings results today.

Caterpillar reports Q1 2020 earnings results

Total sales and revenues dropped 21% year-over-year to $10.6 billion, due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. Profit per share was $1.98, compared with $3.25 in the year-ago quarter. 

Caterpillar stated that its financial results for the remainder of 2020 will be impacted by continued global economic uncertainty due to the COVID-19 pandemic. The company withdrew its guidance on March 26 and will not provide an outlook for 2020 at this time.

Past Performance

caterpillar Q4 2019 earnings infographic
caterpillar Q3 2019 earnings infographic
Also Read:  Eastman Kodak Co. (KODK) Q2 2020 Earnings Call Transcript

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