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8/2, 12:31 PM (Source: TeleTrader)
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Caterpillar revenue up 11% to $14.2B in Q2

Caterpillar Inc. announced on Tuesday that its sales and revenues for the second quarter of 2022 amounted to $14.2 billion, jumping 11% compared to the same period a year earlier.

The company's earnings per share (EPS) stood at $3.13 in the second trimester of 2022, in comparison to $2.56 recorded in the same period a year prior. The operating profit margin for the three-month period was 13.6%, compared to last year's 13.9% for the same trimester.

"Our team delivered another good quarter with double-digit top line and adjusted profit per share growth despite ongoing supply chain challenges," said CEO Jim Umpleby.

Caterpillar's shares dropped 1.71% in the premarket on Tuesday.

Baha Breaking News (BBN) / JN