Investing.com - Caterpillar (NYSE:CAT) reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Caterpillar announced earnings per share of $2.6 on revenue of $12.89B. Analysts polled by Investing.com anticipated EPS of $2.41 on revenue of $12.51B.
Caterpillar shares are up 16% from the beginning of the year, still down 13.84% from its 52 week high of $246.69 set on June 4. They are broadly in line with the S&P Global 100 which is up 16.26% from the start of the year.
Caterpillar follows other major Industrials sector earnings this month
Caterpillar's report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.79 on revenue of $23.19B.
Honeywell had beat expectations on July 23 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar