Caterpillar (CAT) Tops Q3 EPS by 78c, Revenues Beat
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Cat Financial Announces Third-Quarter 2022 Results
October 27, 2022 6:31 AM EDTNASHVILLE, Tenn., Oct. 27, 2022 /PRNewswire/ -- Cat Financial reported third-quarter 2022 revenues of $690 million, an increase of $56 million, or 9%, compared with $634 million in the third quarter of 2021. Third-quarter 2022 profit was $131 million, an increase of $30 million, or 30%, compared with $101 million in the third quarter of 2021. The increase in revenues was primarily due to a $63 million favorable impact from higher average financing rates.
Third-quarter 2022 profit before income taxes was $188 million, an increase of $57 million, or 44%, compared with $131 million in the third quarter of 2021. The increase was... More
Caterpillar Reports Third-Quarter 2022 Results
October 27, 2022 6:30 AM EDTThird-quarter 2022 sales and revenues increased 21% to $15.0 billionThird-quarter 2022 profit per share of $3.87; adjusted profit per share of $3.95Returned $2.0 billion to shareholders through share repurchases and dividends in the quarter
IRVING, Texas, Oct. 27, 2022 /PRNewswire/ --Â
Third... More
