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

Market news

30 July 2021

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

Caterpillar (CAT) reported Q2 FY 2021 earnings of $2.60 per share (versus $1.03 per share in Q2 FY 2020), beating analysts’ consensus estimate of $2.41 per share.

The company’s quarterly revenues amounted to $12.889 bln (+28.9% y/y), beating analysts’ consensus estimate of $12.528 bln.

CAT fell to $212.17 (-0.18%) in pre-market trading.

AUD/USD now seen within 0.7320-0.7450 - UOB

USD/CHF now points to some consolidation - Commerzbank

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