Caterpillar, Inc. (CAT) Misses Q2 EPS by 7c, Strong Sales; Raises FY11 Outlook
Caterpillar, Inc. (NYSE: CAT) reported Q2 EPS of $1.72, $0.07 worse than the analyst estimate of $1.79. Revenue for the quarter came in at $14.2 billion versus the consensus estimate of $13.52 billion.
Sees FY2011 EPS of $6.75-$7.25, versus prior guidance of $6.25-$6.75 and the consensus of $6.96. Sees FY2011 revenue of $54-$56 billion, versus prior guidance of $52-$54 billion and the consensus of $55.72 billion.
Sees FY2011 EPS of $6.75-$7.25, versus prior guidance of $6.25-$6.75 and the consensus of $6.96. Sees FY2011 revenue of $54-$56 billion, versus prior guidance of $52-$54 billion and the consensus of $55.72 billion.