Caterpillar Reports Second-Quarter 2020 Results

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Caterpillar (CAT) Tops Q2 EPS by 20c, Revenues Beat

July 31, 2020 6:02 AM EDT

Caterpillar (NYSE: CAT) reported Q2 EPS of $0.84, $0.20 better than the analyst estimate of $0.64. Revenue for the quarter came in at $10 billion versus the consensus estimate of $9.38 billion.

Second-quarter sales and revenues decreased 31%; profit per share declined 70%Strong balance sheet; $8.8 billion of... More