Caterpillar 2q Profit Jumps But Shares Tumble

(07-22) 06:31 PDT , (AP) -- Caterpillar's second-quarter profit grew 44 percent and with strong demand for its heavy equipment, the company bumped up its outlook for the entire year Friday. But profits fell just shy of...

Topics:  pdt   ap    caterpillar   profit   
BING NEWS:
  • Block stock jumps on stronger 2024 guidance; Q1 earnings, revenue beat
    Adjusted EBITDA margin is now expected to be 31% vs. 30% in the prior guidance. Gross profit for the year is anticipated to be $8.78B, implying 17% Y/Y growth, up from the previous target of $8.65B, ...
    05/2/2024 - 10:58 am | View Link
  • Air Products & Chemicals 2Q Profit Jumps as Sales Slide
    By Dean Seal Air Products & Chemicals recorded higher earnings in its fiscal second quarter even as sales slipped on a drop in energy cost ...
    04/29/2024 - 11:24 pm | View Link
  • Caterpillar shares slump on sales warning as machinery demand cools
    Shares of the global economy bellwether slumped ... Its first-quarter adjusted profit of $5.60 per share surpassed estimates of $5.14, according to LSEG data. DEALER INVENTORY CONCERNS GROW ...
    04/25/2024 - 7:13 am | View Link
  • Tesla 1Q profit falls 55%, but stock jumps as company moves to speed production of cheaper vehicles
    Faced with falling global sales and a tumbling stock price, Tesla has slashed prices again on some of its electric vehicles and its “Full Self Driving” system ...
    04/22/2024 - 11:13 pm | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News