Company News: Caterpillar (CAT) Q2 results beat analysts’ forecasts

Market news

26 July 2016

Company News: Caterpillar (CAT) Q2 results beat analysts’ forecasts

Caterpillar reported Q2 FY 2016 earnings of $1.09 per share (versus $1.27 in Q2 FY 2015), beating analysts' consensus estimate of $0.96.

The company's quarterly revenues amounted to $10.342 bln (-16% y/y), beating analysts' consensus estimate of $10.131 bln.

CAT fell to $77.97 (-0.91%) in pre-market trading.

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