4/28/2023 0 Comments Gross beat tutorial![]() The top line improved 23% from the year-ago quarter. ![]() The company’s fourth-quarter revenues of $13.8 billion beat the Zacks Consensus Estimate of $13.3 billion. Revenues Up on High Demand in All Markets ![]() Including one-time items, Caterpillar’s earnings per share was $3.91, reflecting a whopping improvement of 175% from the prior-year quarter figure of $1.42. A lower-than-expected effective tax rate contributed to the improvement in earnings. All of its segments witnessed strong end-market demand, which helped counter inflated input costs. ![]() The bottom line improved 27% from the prior-year quarter. ( CAT Quick Quote CAT - Free Report) reported fourth-quarter 2021 adjusted earnings per share of $2.69, which surpassed the Zacks Consensus Estimate of $2.22 by a margin of 21%.
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