Caterpillar Earnings, Revenue Beat in Q2

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Caterpillar announced earnings per share of $2.6 on revenue of $12.89B. Analysts polled by Investing.com anticipated EPS of $2.41 on revenue of $12.51B.

Caterpillar shares are up 16% from the beginning of the year, still down 13.84% from its 52 week high of $246.69 set on June 4. They are broadly in line with the S&P Global 100 which is up 16.26% from the start of the year.

Caterpillar’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.

Honeywell had beat expectations on July 23 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar