earnings
confidence high
sentiment positive
materiality 0.85
Caterpillar Q2 2021 EPS $2.56 ($2.60 adj); Sales $12.9B +29% YoY; Retail machines +20%
CATERPILLAR INC
2021-Q2 EPS reported
$5.33
revenue$24,776,000,000
- GAAP EPS $2.56 vs $0.84 YoY; adjusted EPS $2.60 vs $1.27; operating margin 13.9% vs 7.8%.
- Sales and revenues $12.9B (+29% YoY) driven by higher end-user demand and favorable dealer inventory changes.
- Returned $0.8B to shareholders via dividends and share repurchases in Q2.
- Global machine retail sales +20% YoY; Resource Industries +21%, Construction Industries +20%.
- Energy & Transportation retail sales +1% overall; Industrial segment +44%, Power Gen -6%, Oil & Gas -6%.