Caterpillar Reports Second-Quarter 2015 Results

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Caterpillar (CAT) Reports In-Line Q2 EPS; Reaffirms FY15 EPS Outlook

July 23, 2015 7:33 AM EDT

Caterpillar (NYSE: CAT) reported Q2 EPS of $1.27, in-line with the analyst estimate of $1.27. Revenue for the quarter came in at $12.3 billion versus the consensus estimate of $12.62 billion.

Caterpillar reaffirms FY2015 EPS of $5.00, versus the consensus of $4.97.

Company intends to repurchase $1.5 billion of common stock in the third quarter.

"Our Caterpillar team... More