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Tag: Caterpillar

Caterpillar: The results exceeded the estimates

Caterpillar: The results exceeded the estimates Caterpillar: The results exceeded the estimates

Caterpillar’s share of pre-conference trading rose 1.4% as construction and mining equipment maker announced results that exceeded estimates. Caterpillar reported net earnings of $ 1.537 billion, or $ 2.86 a share, for the quarter, up from $ 1.530 billion, or $ 2.77 a year, a year ago. Adjusted earnings per share stood at $ 2.88 […]

US Caterpillar bets on autonomous driving technology against corona

US Caterpillar bets on autonomous driving technology against corona

According to Caterpillar’s in-house data obtained by Reuters, sales of autonomous driving technology for mining operations this year are up double digits year-on-year. On the other hand, sales of other construction machinery such as bulldozers and mining trucks have fallen in the last nine months, as well as other construction machinery giants such as Komatsu 6301.T and Deer. Fred […]