Caterpillar (CAT): Q2 EPS of $2.54 beats by $0.24. Revenue of $17.4B (+22% Y/Y) beats by $0.29B.
More on Caterpillar (CAT): Q2 profit up 67% from last year. The company lowers the top end of 2012 revenue guidance to $70B from $72B (low end remains $68B) due to the weaker global economy and stronger greenback. 2012 profit forecast raised to $9.60 from $9.50. "The good news is, this doesn't feel like 2008." Shares +3.9% premarket.
More on Caterpillar (CAT): Q2 profit up 67% from last year. The company lowers the top end of 2012 revenue guidance to $70B from $72B (low end remains $68B) due to the weaker global economy and stronger greenback. 2012 profit forecast raised to $9.60 from $9.50. "The good news is, this doesn't feel like 2008." Shares +3.9% premarket.
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