Caterpillar (CAT) reported Q2 FY 2018 earnings of $2.97 per share (versus $1.49 in Q2 FY 2017), beating analysts' consensus estimate of $2.74.
The company's quarterly revenues amounted to $14.011 bln (+23.7% y/y), generally in-line with analysts' consensus estimate of $14.085 bln.
The company also issued upside guidance for FY 2018, projecting EPS of $11.00-12.00 versus analysts' consensus estimate of $10.75 and its prior guidance of $10.25-11.25.
CAT rose to $146.90 (+3.04%) in pre-market trading.