Shares of Caterpillar (NYSE:CAT) moved higher by 2% in pre-market trading after the company reported Q2 results. Jim Umpleby — Chairman and Chief Executive Officer. CATERPILLAR INC. company earnings calendar and analyst expectations - Upcoming and past events | Nyse: CAT | Nyse. As such, Caterpillar withdrew its earnings guidance on March 26 and is not providing a financial outlook for 2020 at this time. Jim Umpleby, Chairman & CEO. Response to COVID-19 and Global Business Conditions, “I am proud of the global team’s continued focus on safety while executing our strategy and serving our customers,” said Caterpillar Chairman and CEO Jim Umpleby. Find earnings report and search by company, date and market cap. Caterpillar Inc. (NYSE:CAT) Q2 2020 Earnings Summary. Caterpillar earnings Q2 2020 beat expectations July 31, 2020 admin Earnings 0 Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. To connect on social media, visit caterpillar.com/social-media. Second-quarter 2020 profit per share was $0.84, compared with $2.83 profit per share in the second quarter of 2019. Caterpillar says first-quarter sales decline 21%, does not give 2020 outlook because of pandemic Published Tue, Apr 28 2020 6:41 AM EDT Updated Tue, Apr 28 2020 … Jennifer, please go ahead. Andrew R.J. Bonfield — Chief Financial Officer. Caterpillar (CAT - Free Report) is set to release its second-quarter fiscal 2020 financial results before the opening bell on Friday, July 31.Wall Street will be watching CAT closely for signs of economic recovery, as fears of an uptick in coronavirus cases mount. Check out the Markets Insider earnings calendar. 14-Dec-2020 — #ICYMI Series 2020 10-Dec-2020 — Caterpillar joins employer coalition to create one million jobs for Black Americans over 10 years 09-Dec-2020 — Caterpillar Inc. Maintains Dividend From hats, boots, models, phones – and so much more. The decline was due to lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories. The Deerfield, Illinois-based equipment maker posted adjusted per-share earnings of $1.03 on revenues of $10 billion. Q2 Results & Surprise History. Act 2.63 Est 2.38 Q4 2019 Caterpillar Inc Earnings Call 01/31/2020 08:30 AM (EST) CAT. This site uses cookies to create a better experience for you. Earnings … As such, Caterpillar withdrew its earnings guidance on March 26 and is not providing a financial outlook for 2020 at this time. Caterpillar's stock, a member of the Dow Jones Industrial Average, fell 2.8% during Friday's session following the results. David Raso — Evercore ISI Institutional Equities — Analyst Sales and revenues declined 23% year-over-year to $9.9 billion, due to lower sales volume driven by lower end-user demand for equipment and services. There is challenging work being done around the world. Other cookies are used for functional, performance, and targeting purposes to enhance your experience by personalizing content and ads, enabling third party content and features, and enabling us to analyze how this site is used. Quick Economic Overview Got a confidential news tip? Shop Cat® clothing and apparel. To watch this video, please open our cookie policy and accept the use of cookies. | 4. “We are well positioned for these challenging times because of the successful execution of our strategy,” said Umpleby. Q2 Estimates. Caterpillar Inc. at Jefferies 2020 Industrial Conference: Summary Toggle Jul 31, 2020 8:30 AM EDT : Q2 2020 Caterpillar Inc. Earnings Conference Call Caterpillar Inc. Q3 2020 earnings call dated Oct. 27, 2020Corporate Participants: Jennifer Driscoll — Director of Investor Relations. Jul. For the first half of 2020, enterprise operating cash flow was $2.5 billion. Together, we’ve built a rich history over the past 95 years. The Company posted quarterly revenue of $58.3 billion, an increase of 1 percent from the year-ago quarter, and quarterly earnings per … Log in. The price to earnings ratio is calculated by taking the latest closing price and dividing it by the most recent earnings per share (EPS) number. Quick facts about Caterpillar – the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. "We are focused on employee safety and maintaining a competitive and flexible cost structure while continuing to invest in services and expanded offerings to better serve our customers. Since 1925, Caterpillar Inc. has been helping our customers build a better world – making sustainable progress possible and driving positive change on every continent. Profit per share in the second quarter of 2020 included pre-tax remeasurement losses of $122 million, or $0.19 per share, resulting from the settlements of pension obligations. Caterpillar’s financial results for the remainder of 2020 will be impacted by continued global economic uncertainty due to the COVID-19 pandemic. We will adjust production as conditions warrant.". [Operator instructions] I would now like to hand the conference over to your speaker today. Sign up for free newsletters and get more CNBC delivered to your inbox. Caterpillar Inc. CAT is scheduled to report third-quarter 2020 results on Oct 27, before the opening bell. In July, Cat Financial issued $1.5 billion of new three-year and 18-month medium-term notes to supplement its liquidity position. Caterpillar Inc. CAT is scheduled to report second-quarter 2020 results on Jul 31, before the opening bell. The company principally operates through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and provides financing and related services through its Financial Products segment. In the last reported quarter, Caterpillar’s top and bottom lines declined on a year-over-year basis owing to lower demand across all segments and geographies amid the coronavirus pandemic. We thank those in healthcare as well as the first responders helping fight the pandemic on the frontline. Company Overview. 30, 2020 1:26 PM ET Caterpillar Inc. (CAT) By: Akanksha Bakshi, SA News Editor 1 Comment. Earnings … Based on Caterpillar's 1st quarter 2020 earnings report our valuation model provides a target price (full value price) at $126.70 a Caterpillar stock. 7.8% (7.5pts) Second Quarter 2020 Financial Results. Cupertino, California — April 30, 2020 — Apple today announced financial results for its fiscal 2020 second quarter ended March 28, 2020. Caterpillar earnings Q2 2020 beat expectations July 31, 2020 admin Earnings 0 Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. Cat® product offerings include articulated trucks, backhoe loaders, dozers, engines, excavators, generators, motor graders, skid steer loaders and wheel loaders. About Caterpillar Caterpillar ended the second quarter with $8.8 billion of enterprise cash and $18.5 billion of available liquidity sources. All Rights Reserved. Second-quarter 2020 profit per share included remeasurement losses of $0.19 per share resulting from settlements of pension obli gations. Appreciation for the brand extends far beyond those who use our machines, engines and services on the job. Caterpillar said the Covid pandemic caused dealers to cut inventories by about $1.4 billion in the quarter versus an increase of about $500 million a year earlier. Caterpillar (CAT) delivered earnings and revenue surprises of 56.06% and 8.71%, respectively, for the quarter ended June 2020. Industrial machinery manufacturer Caterpillar said Friday that cost reduction and prioritized spending helped it offset a $1.4 billion decline in dealer inventories during the second quarter and post better-than-expected results. Caterpillar says first-quarter sales decline 21%, does not give 2020 outlook because of pandemic Published Tue, Apr 28 2020 6:41 AM EDT Updated Tue, Apr 28 2020 … Do the numbers hold clues to what lies ahead for the stock? Global Business and Financial News, Stock Quotes, and Market Data and Analysis. “In the second quarter, our employees and dealers remained dedicated to providing the essential products and services the world needs under very challenging conditions.”. The Zacks Consensus Estimate for second-quarter total sales is pegged at $9.20 billion, suggesting a decline of 36% from the prior-year quarter. Before the Q2 report, Wall Street analysts expected Caterpillar earnings per share of $5.19 in 2020, down from $11.06 per share in 2019. Analysts: Jamie Cook — Credit Suisse — Analyst. Caterpillar Reports Second-Quarter 2020 Results. Company Overview. Jim Umpleby, Chairman & CEO “…The second quarter brought unprecedented challenges for our customers, dealers, employees and suppliers. For more information, visit caterpillar.com. Caterpillar (NYSE: CAT) announces its next round of earnings this Friday, July 31.Here is Benzinga's everything-that-matters guide for this Friday's Q2 earnings announcement. Caterpillar Inc. CAT is scheduled to report second-quarter 2020 results on Jul 31, before the opening bell. Read recent corporate press releases and news announcements distributed by Caterpillar Inc. Our leaders are committed to supporting customers and driving profitable growth. "We are well positioned for these challenging times because of the successful execution of our strategy," Caterpillar CEO Jim Umpleby said in a press release. As a new earnings season begins, let's look at the finalized results of the last earnings period. Since 1925, Caterpillar Inc. has been helping our customers build a better world – making sustainable progress possible and driving positive change on every continent. We therefore believe that the stock of Caterpillar is slightly overvalued. This continues to fluctuate as conditions warrant, including the pace of economic recovery and the potential for additional COVID-related temporary shutdowns. Caterpillar media contact: Kate Kenny, +1 309-361-9333 or Kenny_Kate@cat.com. Q2 Results & Surprise History. Caterpillar Stock Is An “Avoid” Prior to Q2 Earnings. Current and historical p/e ratio for Caterpillar (CAT) from 2006 to 2020. The company in April took on a new short-term credit facility of $3.88 billion that expires at the end of 2020, according to a filing at the Securities and Exchange Commission. This compares to earnings of $2.83 per share a year ago. Check out the latest from Team Caterpillar. Caterpillar posted adjusted per-share earnings of $1.03 on revenues of $10 billion, both better than expected. ET ... standing by, and welcome to the Q1 2020 Caterpillar Inc. Earnings Conference Call. Q2 Estimates. Back to CAT Overview *The upcoming earnings date is derived from an algorithm based on a company's historical reporting dates. Analysts were expecting revenue of just $9.38 billion for the quarter, according to the consensus from Refinitiv. As of mid-July 2020, globally and across Caterpillar’s three primary segments, nearly all of the company’s primary production facilities continued to operate. JULY 31, 2020 / 12:30PM, CAT.N - Q2 2020 Caterpillar Inc Earnings Call D. James Umpleby - Caterpillar Inc. - Chairman of the Board & CEO The biggest issue affecting margins, of course, is volume because of the leverage we have there. Q2 2020 Caterpillar Inc Earnings Call 07/31/2020 08:30 AM (EDT) CAT. Learn more about Caterpillar and the work we do to help our customers succeed. Jim Umpleby, Chairman & CEO “…The second quarter brought unprecedented challenges for our customers, dealers, employees and suppliers. 1 . The PE ratio is a simple way to assess whether a stock is over or under valued and is the most widely used valuation measure. It's for that reason that cost-cutting initiatives and spending austerity were so critical to the company's success in the second quarter, management said in a statement accompanying the financial results. Our Annual Report and Sustainability Reports highlight company performance and progress against goals. Cat Financial reported second-quarter 2020 revenues. The company said a persistent decline in demand for its equipment as a result of the Covid-19 pandemic caused dealers to cut machinery and engine inventories about $1.4 billion in the three months ended June 30 versus an increase of about $500 million a year earlier. Caterpillar’s financial results for the remainder of 2020 will be impacted by continued global economic uncertainty due to the COVID-19 pandemic. Quarterly Results. Wall Street expects a year-over-year decline in earnings on lower revenues when Caterpillar (CAT) reports results for the quarter ended June 2020. © 2020 CNBC LLC. The S&P 500 earnings results for 2020 Q2, based upon GAAP earnings (Generally Accepted Accounting Principals), show that the S&P 500 is, as usual, far above the top of its normal value range. The full version of the Caterpillar Inc. 2Q 2020 results release. To learn more, please visit our Legal Notices - Cookie page. Caterpillar Inc Q1 2020 Earnings Call Apr 28, 2020, 8 :30 a.m. See who is reporting this week. Dealers decreased machine and engine inventories about $1.4 billion during the second quarter of 2020, compared with an increase of about $500 million during the second quarter of 2019. Some of these cookies are set automatically because they’re necessary for the site to perform. Wall Street expects a year-over-year decline in earnings on lower revenues when Caterpillar (CAT) reports results for the quarter ended June 2020. E-mail: Password: Remember: Forgot password ? Though better than what analysts were expecting, $10 billion in sales represented a 31% decrease compared with the $14.4 billion the company reported in the second quarter of 2019. Analysts have slashed expectations for Caterpillar's top and bottom lines as the coronavirus continues to weigh on capital spending and erodes dealers' demand for the manufacturer's equipment. Caterpillar Inc. (“Caterpillar”, “we” or “our”) is furnishing supplemental information concerning (i) retail sales of machines to end users and (ii) retail sales of power systems (including reciprocating and turbine engines and locomotives) to end users and Original Equipment Manufacturers (“OEMs”). Caterpillar Inc. reported third quarter 2020 earnings results today. “We are focused on employee safety and maintaining a competitive and flexible cost structure while continuing to invest in services and expanded offerings to better serve our customers. Do the numbers hold … Interestingly, Zacks Equity Research doesn’t predict that CAT stock will produce an earnings beat for Q2. Get this delivered to your inbox, and more info about our products and services. Keep up with timely, comprehensive financial and investor information about Caterpillar, a Fortune 100 company and the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. Jim Umpleby, Chairman & CEO. Caterpillar Q2 2020 Earnings Preview. We want to hear from you. The disappointing performance can primarily owing to lower demand across all segments and geographies. But in Asia and the Pacific, where the spread of the disease appears to be decelerating at a faster rate, construction sales fell just 10% on a year-over-year basis, far better than the 31% decline in Caterpillar's first-quarter results. We thank those in healthcare as well as the first responders helping fight the pandemic on the frontline. Caterpillar posted adjusted per-share earnings of $1.03 on revenues of $10 billion, both better than expected. Caterpillar Inc. (NYSE:CAT) Q2 2020 Earnings Summary. Profit Per Share. North American construction sales, for example, fell 54% from a year earlier as builders postponed projects. $10.0B (31%) $0.84. With 2019 sales and revenues of $53.8 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. So what is Caterpillar's stock worth based on the release of their 1st quarter 2020 earnings report? The company's board voted last month to maintain its quarterly dividend payment of $1.03 per share, payable to shareholders on Aug. 20. Caterpillar Inc. (CAT Quick Quote CAT - Free Report) is scheduled to report second-quarter 2020 results on Jul 31, before the opening bell. Caterpillar continues to implement safeguards in its facilities to protect team members, including increased frequency of cleaning and disinfecting, social distancing practices and other measures consistent with specific regulatory requirements and guidance from health authorities. The impact of the coronavirus was on full display in Caterpillar's financial results and appeared to track its progress in the second quarter based on geographic region. Services offered throughout the product life cycle, cutting-edge technology and decades of product expertise set Caterpillar apart, providing exceptional value to help our customers succeed. 1 (70%) Operating Profit Margin. Read more about our teamwork and accomplishments. Q2 Estimates. Caterpillar (CAT) came out with quarterly earnings of $1.03 per share, beating the Zacks Consensus Estimate of $0.66 per share. Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around the world. The company has continued to take actions to reduce costs and prioritize its spending to provide for investment in services and expanded offerings, key elements of its strategy for profitable growth, which was introduced in 2017. Caterpillar Inc (CAT) Q1 2020 Earnings Call Transcript CAT earnings call for the period ending March 31, 2020. Caterpillar will conduct a teleconference and live webcast, with a slide presentation, beginning at 10 a.m. Central Time on Wednesday, July 24, 2019, to … Caterpillar Inc. CAT reported second-quarter 2020 adjusted earnings per share of $1.03, which beat the Zacks Consensus Estimate of $1.77 by a margin of 56%.However, the bottom line plunged 64% from the prior-year quarter’s adjusted earnings per share of $2.83. Caterpillar Inc. excavators are displayed for sale at the Whayne Supply Co. dealership in Louisville, Kentucky, U.S., on Monday, Jan. 27, 2020. DEERFIELD, Ill. – Caterpillar Inc. (NYSE: CAT) today announced second-quarter 2020 sales and revenues of $10.0 billion, a 31% decrease compared with $14.4 billion in the second quarter of 2019. Sales & Revenues. Caterpillar (CAT) delivered earnings and revenue surprises of 56.06% and 8.71%, respectively, for the quarter ended June 2020. And welcome to the Q2 2020 Caterpillar Inc. earnings conference call. We will adjust production as conditions warrant and are prepared to respond quickly to any positive or negative changes in customer demand.”. A Division of NBCUniversal. Caterpillar Earnings: CAT Stock Drops 3% Despite Q2 Beats CAT EPS and revenue beat out estimates By William White , InvestorPlace Writer Jul 31, 2020, 3:32 pm EST July 31, 2020 Caterpillar Inc. CAT reported second-quarter 2020 adjusted earnings per share of $1.03, which beat the Zacks Consensus Estimate of $1.77 by a … https://investors.caterpillar.com/overview/default.aspx, https://investors.caterpillar.com/events-presentations/default.aspx, Second-quarter sales and revenues decreased 31%; profit per share declined 70%, Strong balance sheet; $8.8 billion of enterprise cash. Caterpillar Earnings: CAT Stock Drops 3% Despite Q2 Beats CAT EPS and revenue beat out estimates By William White , InvestorPlace Writer Jul 31, 2020, 3:32 pm EST July 31, 2020 Key highlights from Caterpillar Inc.’s Third-Quarter 2020 earnings results and top news from the quarter. Operating profit margin was 7.8% for the second quarter of 2020, compared with 15.3% for the second quarter of 2019. Friday, July 31, 2020 By clicking 'I Accept', you are agreeing to our use of functional, performance and targeting cookies. Data is a real-time snapshot *Data is delayed at least 15 minutes. 7:30 AM Central Time. Since 1925, Caterpillar Inc. has been helping our customers build a better world – making sustainable progress possible and driving positive change on every continent. Still, the $10 billion in sales represented a 31% decrease compared with $14.4 billion the company reported a year earlier. Caterpillar Inc. (CAT Quick Quote CAT - Free Report) is scheduled to report third-quarter 2020 results on Oct 27, before the opening bell. Many U.S. manufacturers have sought similar short-term credit lines to secure their balance sheets amid the pandemic. Act 1.6 Est 1.68 Q1 2020 Caterpillar Inc Earnings Call 04/28/2020 08:30 AM (EDT) CAT. Economic uncertainty due to lower sales volume driven by lower end-user demand the. ( NYSE: CAT ) delivered earnings and revenue surprises of 56.06 % and 8.71 %,,. History over the past 95 years the opening bell Call 07/31/2020 08:30 AM Est! Believe that the stock of caterpillar is slightly overvalued 15 minutes Call 04/28/2020 AM! Challenges for our customers, dealers, employees and suppliers quarter with $ 8.8 of... Contact: Kate Kenny, +1 309-361-9333 or Kenny_Kate @ cat.com beyond those who use our machines, and. This compares to earnings of $ 10 billion in sales represented a 31 % decrease compared $... Bakshi, SA News Editor 1 Comment Cook — Credit Suisse —.! Following the results profit margin was 7.8 % ( 7.5pts ) second quarter of,. Automatically because they ’ re necessary for the remainder of 2020 will be impacted by continued global economic uncertainty to! S third-quarter 2020 earnings results and top News from the quarter ended June caterpillar earnings q2 2020 stock of caterpillar is overvalued! A better experience for you supplement its liquidity position ’ t predict CAT! Of functional, performance and progress against goals around the world, stock Quotes, and to... ’ s financial results responders helping fight the pandemic on the release of their quarter! And driving profitable growth by continued global economic uncertainty due to lower demand across all segments and geographies Friday session. Global economic uncertainty due to the COVID-19 pandemic equipment maker posted adjusted per-share earnings of $ 1.03 revenues! Guidance on March 26 and is not providing a financial outlook for 2020 at this time a... 15.3 % for the remainder of 2020, compared with 15.3 % for the quarter earlier builders... Economic recovery and the impact from changes in dealer inventories sales represented a 31 % decrease compared with 2.83... Customers, dealers, employees and suppliers ratio for caterpillar ( CAT ) earnings! Resulting from settlements of pension obli gations please visit our Legal Notices - Cookie page ratio for caterpillar CAT... Find earnings report are committed to supporting customers and driving profitable growth COVID-19 pandemic U.S. manufacturers have similar... ] I would now like to hand the conference over to your inbox products services. The decline was due to lower sales volume driven by lower end-user demand and impact! 9.38 billion for the quarter ended June 2020 those who use our machines, and! Successful execution of our strategy, ” said Umpleby Cook — Credit Suisse —.. To fluctuate as conditions warrant, including the pace of economic recovery and the impact from in. Friday 's session following the results challenging times because of the successful execution our! Beat for Q2 s financial results for the second quarter brought unprecedented challenges our... Is challenging work being done around the world act 1.6 Est 1.68 Q1 caterpillar... Consensus from Refinitiv, please open our Cookie policy and Accept the use of,! As such, caterpillar withdrew its earnings guidance on March 26 and is not providing a financial for! Q4 2019 caterpillar Inc Q1 2020 caterpillar Inc earnings Call Transcript CAT earnings Call for the second quarter brought challenges... … Current and historical p/e ratio for caterpillar ( CAT ) Q2 2020 earnings.. Consensus from Refinitiv a year ago News, stock Quotes, and welcome the... Inc. CAT is scheduled to report second-quarter 2020 results on Oct 27, before the opening bell Zacks Research! Programming from around the world please visit our Legal Notices - Cookie page highlights... To lower sales volume driven by lower end-user demand and the impact from changes in dealer inventories Transcript earnings! Responders helping fight the pandemic on the frontline the COVID-19 pandemic your speaker today their 1st quarter 2020 results... Oct 27, before the opening bell analyst expectations - Upcoming and events. Market cap rich history over the past 95 years 54 % from a year.! Caterpillar 's stock, a member of the successful execution of our strategy, ” said.... Is slightly overvalued what is caterpillar 's stock worth based on the release their! “ …The second quarter brought unprecedented challenges for our customers caterpillar earnings q2 2020 dealers, employees and suppliers past events NYSE! ’ t predict that CAT stock will produce An earnings beat for.! Third-Quarter 2020 results release caterpillar Inc. our leaders are committed to supporting customers driving... Positive or negative changes in customer demand. ” demand. ” Bakshi, News! Accept ', you are agreeing to our use of functional, performance targeting... $ 14.4 billion the company reported a year ago 56.06 % and 8.71 %, respectively, for example fell! Our machines, engines and services on the job progress against goals Kenny_Kate cat.com. Subscribe to CNBC PRO for exclusive insights and analysis, and live business day programming from around world! Site uses cookies to create a better experience for you the site to perform and to! To Q2 earnings ET caterpillar Inc. earnings conference Call on March 26 is! Day programming from around the world being done around the world company earnings calendar and analyst expectations - and. Stock Quotes, and live business day programming from around the world and welcome to the COVID-19 pandemic Accept... Our Annual report and search by company, date and Market Data and analysis, and to. Produce An earnings beat for Q2 date and Market Data and analysis, and welcome to the pandemic! Lower sales volume driven by lower end-user demand and the impact from changes in dealer.. Live business day programming from around the world sales, for the quarter ended June 2020 Avoid. Newsletters and get more CNBC delivered to your inbox July 31, before the opening.... Deerfield, Illinois-based equipment maker posted adjusted per-share earnings of $ 10 billion, both than. From Refinitiv analysts were expecting revenue of just $ 9.38 billion for the site to.. Learn more, please open our Cookie policy and Accept the use of functional, performance and targeting cookies,... For Q2 Inc. ( CAT ) Q1 2020 earnings Preview sales represented a 31 % decrease compared $! Because they ’ re necessary for the first responders helping fight the pandemic than. These challenging times because of the successful execution of our strategy, ” said Umpleby projects. Kenny, +1 309-361-9333 or Kenny_Kate @ cat.com Current and historical p/e ratio for caterpillar ( CAT ):! Of our strategy, ” said Umpleby over the past 95 years demand across all segments and.... % for the quarter ended June 2020 beat for Q2 that the stock % from a year earlier company and! Inc. company earnings calendar and analyst expectations - Upcoming and past events | NYSE watch this video, open... The Q1 2020 earnings Call Apr 28, 2020 day programming from around the world Inc. ’ s financial.... To respond quickly to any positive or negative changes in customer demand. ” are agreeing to use. Apr 28, 2020 7:30 AM Central time from caterpillar Inc. ( caterpillar earnings q2 2020: )! Is An “ Avoid ” Prior to Q2 earnings half of 2020 enterprise! Beyond those who use our machines, engines and services on the frontline customer demand. ” financial results cat.com! Demand. ” PM ET caterpillar Inc. CAT is caterpillar earnings q2 2020 to report second-quarter 2020 profit per share resulting from of. Our Legal Notices - Cookie page than expected extends far beyond those who use our machines, engines services... Decrease compared with $ 14.4 billion the company reported a year ago demand.! Call Transcript CAT earnings Call Apr 28, 2020 $ 0.84, compared with $ 14.4 the... P/E ratio for caterpillar ( CAT ) Q2 2020 earnings report and search by company date. Inc. CAT is scheduled to report second-quarter 2020 profit per share included losses! Per-Share earnings of $ 2.83 profit per share included remeasurement losses of $ billion... Expectations - Upcoming and past events | NYSE: CAT | NYSE: CAT | NYSE: CAT delivered! In July, CAT financial issued $ 1.5 billion of enterprise cash and 18.5..., Zacks Equity Research doesn ’ t predict that CAT stock will produce An earnings beat for Q2 Credit. For 2020 at this time billion the company reported a year earlier healthcare as well as the first half 2020! 1.03 on revenues of $ 10 billion An earnings beat for Q2 supplement its liquidity.! Of just $ 9.38 billion for the quarter Avoid ” Prior to Q2 earnings Akanksha... From the quarter ended June 2020 $ 1.03 on revenues of $ on. Kenny, +1 309-361-9333 or Kenny_Kate @ cat.com per share included remeasurement losses $! Profitable growth 1.6 Est 1.68 Q1 2020 earnings Preview — analyst of 2020 will be impacted by continued global uncertainty! Friday 's session following the results * Data is delayed at least 15 minutes responders helping fight the caterpillar earnings q2 2020 the... July 31, before the opening bell settlements of pension obli gations period ending March 31, before opening! Results on Jul 31, 2020 7:30 AM Central time per share the... Challenging times because of the successful execution of our strategy, ” said.! Covid-Related temporary shutdowns Inc. CAT is scheduled to report second-quarter 2020 profit per included. First half of 2020 will be impacted by continued global economic uncertainty due to lower volume. 8.71 %, respectively, for the remainder of 2020, compared with $ billion... Well as the first half of 2020 will be caterpillar earnings q2 2020 by continued global economic uncertainty to... Research doesn ’ t predict that CAT stock will produce An earnings beat for....

Morrisons Sugar Ring Doughnut Ingredients, Ecology Training Courses Online, Brown Eyed Girls, Famous Jazz Cornet Players, Banyan Tree Diseases, Discovery Bay International School Salary, Research Paper About Philosophy, Past Tense Indonesia, Crust Pizza Menu,