Caterpillar Earnings, Revenue beat in Q2


© Reuters. Caterpillar Earnings, Revenue beat in Q2

Investing.com – Caterpillar (NYSE:) reported on Friday second quarter that beat analysts’ forecasts and revenue that topped expectations.

Caterpillar announced earnings per share of $1.03 on revenue of $10.00B. Analysts polled by Investing.com anticipated EPS of $0.64 on revenue of $9.34B.

Caterpillar shares are down 7% from the beginning of the year and are trading at $136.73 , down-from-52-week-high.They are under-performing the which is up 0.48% from the start of the year.

Caterpillar follows other major Capital Goods sector earnings this month

Caterpillar’s report follows an earnings missed by ASML ADR on July 15, who reported EPS of $2.04 on revenue of $3.8B, compared to forecasts EPS of $2.25 on revenue of $3.8B.

Lockheed Martin had beat expectations on July 21 with second quarter EPS of $5.79 on revenue of $16.22B, compared to forecast for EPS of $5.72 on revenue of $15.23B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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