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Caterpillar announced earnings per share of $2.12 on revenue of $11.24B. Analysts polled by Investing.com anticipated EPS of $1.48 on revenue of $11.22B.
Caterpillar shares are up 1% from the beginning of the year, still down 7.87% from its 52 week high of $200.09 set on January 13. They are under-performing the S&P Global 100 which is up 2% from the start of the year.
Caterpillar’s report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Boeing had missed expectations on Wednesday with fourth quarter EPS of $-15.25 on revenue of $15.3B, compared to forecast for EPS of $-1.6 on revenue of $15.03B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar