Skip to main content

Caterpillar: Q1 Earnings Snapshot

IRVING, Texas (AP) — IRVING, Texas (AP) — Caterpillar Inc. (CAT) on Thursday reported first-quarter earnings of $2.55 billion.

The Irving, Texas-based company said it had profit of $5.47 per share. Earnings, adjusted for restructuring costs, came to $5.54 per share.

The results beat Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $4.55 per share.

The construction equipment company posted revenue of $17.42 billion in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $16.44 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAT at https://www.zacks.com/ap/CAT

ING: Q2 Earnings Snapshot

AMSTERDAM (AP) — AMSTERDAM (AP) — ING Groep NV (ING) on Thursday reported net income of $2.26 billion in its second quarter. The Amsterdam-based bank said it had earnings of 79 cents per share. The financial services provider posted revenue of $7.31 billion in the period. Its revenue net of interest expense was $7.31 billion, surpassing Street forecasts. _____
Read Next Story