Caterpillar (CAT) Tops Q2 EPS by 24c, Raises Outlook

Caterpillar (NYSE: CAT) reported Q2 EPS of $2.97, $0.24 better than the analyst estimate of $2.73. Revenue for the quarter came in at $14 billion versus the consensus estimate of $13.88 billion.

GUIDANCE:

Caterpillar sees FY2018 EPS of $11.00-$12.00, versus the consensus of $10.87.

"Based on outstanding results in the first half of the year and continued strength in many of our end markets, Caterpillar is again raising our profit outlook for 2018. We remain focused on operational excellence, cost discipline and investing for long-term profitable growth," said Umpleby.

For earnings history and earnings-related data on Caterpillar (CAT) click here.

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