About Caterpillar's first battery electric large mining truck
Caterpillar Successfully Demonstrates First Battery Electric Large Mining Truck and Invests in Sustainable Proving Ground November ...
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
AMZN: APPEAL UPDATEDSV: PRESSURE BUILDS AAPL: OPENAI FUNDING INTERESTCHRW: ANOTHER INSIDER CASHES INHLAG: GRI DISCLOSUREMAERSK: HOVERING AROUND FOUR-MONTH LOWSTSLA: CHINA COMPETITIONDHL: BOLT-ON DEAL TALKAMZN: NEW ZEALAND PROJECTDHL: SURCHARGE RISKKNIN: LEGAL RISKF: 'DEI' HURDLESPLD: RATING UPDATEXOM: DISPOSALS
Caterpillar reported today Q4 and full-year 2023 results that were materially better than expected in terms of earnings.
Stock up +5.7% to $333 in pre-market trade – its stock is in record territory right now.
Highlights:
– Operating profit margin was 18.4% in Q4 23 vs 10.1% in Q4 22
– Adjusted operating profit was 18.9% in Q4 23 vs 17% one year earlier during the same period
– Q4 23 profit per share was $5.28 vs $2.79 in Q4 22.
– Adjusted profit per share in Q4 23 was $5.23 vs $3.86 one year earlier during the same period
According to Seeking Alpha, Q4 non-GAAP EPS of $5.23 was $0.48 higher than consensus, while revenues were in line.
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