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7/30, 12:32 PM (Source: TeleTrader)
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Caterpillar revenue up 29% to $12.9B in Q2

Caterpillar Inc. said on Friday that its sales and revenues for the second quarter of 2021 amounted to $12.9 billion, jumping 29% compared to the same period a year earlier and topping estimates.

The company's earnings per share (EPS) soared 205% year on year to $2.56 and adjusted EPS stood at $2.60. Operating profit margin for the three-month period was 13.9%.

"We're encouraged by higher sales and revenues across all regions and in our three primary segments, which reflect continued improvement in our end markets," CEO Jim Umpleby stated.

Breaking the News / NP