Caterpillar's profit in the first quarter exceeded

2022-10-15
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Caterpillar's profit in the first quarter exceeded expectations and raised its full year financial forecast

caterpillar's profit in the first quarter exceeded expectations and raised its full year financial forecast

China Construction machinery information

Guide: the U.S. heavy equipment manufacturer caterpillar (caterpillar) announced on April 20 that its profit in the first quarter was higher than expected and raised its full year financial forecast, alleging that almost all businesses performed strongly. The company announced its first quarter net profit of $816 million, or $1.23 per share (EPS), compared with $840 million in the same period last year

caterpillar, the US heavy equipment manufacturer, announced on April 20 that its first quarter profit was higher than expected, and raised its full year financial forecast, making up for the domestic gap, alleging that almost all businesses performed strongly

the company announced that its first quarter net profit was $816 million, or $1.23 earnings per share (EPS), compared with $840 million and $1.20 respectively in the same period last year

revenue increased by 7% to US $10.02 billion

reutersestimates survey analysts had expected on average that caterpillar's EPS would be $1.08 and its revenue would be $8.91 billion in the first quarter

caterpillar expects the annual revenue of this year to be between $42billion and $4billion at the beginning of the 42nd quarter, while EPS is between $5.30 and $5.80

after years of systematic research on melt gear pump by the rubber and Plastic Machinery Research Institute of Beijing University of chemical technology, reutersestimates survey analysts expect that the annual EPS of this year is $5.46 and the revenue is $40.021.12 billion

caterpillar said that its revenue in China continued to reflect China's good economic growth He said that this year's fiscal forecast reflected that the US economic growth was below the trend level, and the US Federal Reserve (FED) was expected to cut interest rates by 50 basis points

and long service life

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