HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Economy (Group) » STOCK MARKET WATCH -- Wed... » Reply #43

Response to Tansy_Gold (Original post)

Wed Apr 25, 2012, 07:36 AM

43. Caterpillar 1Q profit jumps 29 pct, boosts outlook

http://hosted.ap.org/dynamic/stories/U/US_EARNS_CATERPILLAR?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2012-04-25-08-01-07

PEORIA, Ill. (AP) -- Caterpillar says its first-quarter profit jumped 29 percent and it's boosting its outlook for the year with U.S. construction firms replacing old gear and global demand booming for mining equipment.

Caterpillar said Wednesday that it generated $1.59 billion net income, or $2.37 per share, during the quarter. That's up from last year's $1.23 billion net income, or $1.84 per share.

The Peoria, Ill., firm says its revenue grew 23 percent to $15.98 billion from last year's $12.95 billion.

Caterpillar Inc. says it now expects to generate earnings per share of $9.50 in 2012. That's up from a previous prediction of $9.25, but Caterpillar didn't increase its revenue forecast.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 70 replies Author Time Post
Tansy_Gold Apr 2012 OP
Demeter Apr 2012 #1
AnneD Apr 2012 #49
Demeter Apr 2012 #2
Demeter Apr 2012 #3
Demeter Apr 2012 #4
Demeter Apr 2012 #25
Demeter Apr 2012 #5
Demeter Apr 2012 #6
Demeter Apr 2012 #10
Demeter Apr 2012 #27
Demeter Apr 2012 #7
Demeter Apr 2012 #8
Demeter Apr 2012 #11
Demeter Apr 2012 #9
Po_d Mainiac Apr 2012 #12
Tansy_Gold Apr 2012 #14
Po_d Mainiac Apr 2012 #17
Fuddnik Apr 2012 #56
AnneD Apr 2012 #62
Demeter Apr 2012 #13
Demeter Apr 2012 #15
Demeter Apr 2012 #20
Demeter Apr 2012 #16
Demeter Apr 2012 #18
Demeter Apr 2012 #19
Demeter Apr 2012 #22
Demeter Apr 2012 #28
Demeter Apr 2012 #32
Demeter Apr 2012 #21
girl gone mad Apr 2012 #23
Demeter Apr 2012 #24
Demeter Apr 2012 #26
Demeter Apr 2012 #44
Demeter Apr 2012 #57
Demeter Apr 2012 #29
DemReadingDU Apr 2012 #34
DemReadingDU Apr 2012 #66
Demeter Apr 2012 #30
Demeter Apr 2012 #31
Tansy_Gold Apr 2012 #33
Po_d Mainiac Apr 2012 #37
Tansy_Gold Apr 2012 #54
Demeter Apr 2012 #35
Demeter Apr 2012 #36
xchrom Apr 2012 #38
Demeter Apr 2012 #39
kickysnana Apr 2012 #63
Demeter Apr 2012 #65
DemReadingDU Apr 2012 #67
Tansy_Gold Apr 2012 #70
xchrom Apr 2012 #40
Demeter Apr 2012 #47
xchrom Apr 2012 #50
Demeter Apr 2012 #41
Demeter Apr 2012 #42
LineReply Caterpillar 1Q profit jumps 29 pct, boosts outlook
xchrom Apr 2012 #43
Demeter Apr 2012 #45
xchrom Apr 2012 #46
Demeter Apr 2012 #48
xchrom Apr 2012 #51
Demeter Apr 2012 #52
Demeter Apr 2012 #53
Demeter Apr 2012 #55
AnneD Apr 2012 #68
Demeter Apr 2012 #58
Roland99 Apr 2012 #59
Demeter Apr 2012 #60
Demeter Apr 2012 #61
xchrom Apr 2012 #64
Demeter Apr 2012 #69
Please login to view edit histories.