Caterpillar (CAT) Misses Q4 EPS by 16c, Revenues Beat
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Caterpillar Reports Fourth-Quarter and Full-Year 2022 Results
January 31, 2023 6:30 AM ESTFourth-quarter 2022 sales and revenues up 20%; full-year sales and revenues up 17%Fourth-quarter 2022 profit per share of $2.79; adjusted profit per share of $3.86Fourth-quarter 2022 included an unfavorable ME&T foreign currency impact of $0.41 per share in other income (expense), which negatively impacted profit per share and adjusted profit per shareFull-year profit per share of $12.64; adjusted profit per share of $13.84Strong operating cash flow of $7.8 billion; ended the year with $7.0 billion of enterprise cashReturned $6.7 billion to shareholders through share repurchases and dividends in 2022
IRVING, Texas, Jan. 31, 2023 /PRNewswire/... More
