Caterpillar Inc.

NYSE:CAT   11:02:06 AM EDT
196.37
-0.98 (-0.50%)
Earnings Announcements

Cat Financial Announces Second-Quarter 2022 Results

Published: 08/02/2022 10:58 GMT
Caterpillar Inc. (CAT) - :cat Financial Announces Second-quarter 2022 Results.
Cat Financial - Second-quarter 2022 Profit Was $143 Million, an Increase of $1 Million, Or 1%, Compared With $142 Million in Q2 of 2021.
Cat Financial- Second-quarter 2022 Revenues of $668 Million, an Increase of $22 Million, Or 3%, Compared With $646 Million in Q2 of 2021.
Cat Financial - As of June 30, 2022, Allowance for Credit Losses Totaled $376 Million, Or 1.41% of Finance Receivables.
Cat Financial- at End of Q2 of 2022, Past Dues Were 2.19%, Compared With 2.58% at End of Q2 of 2021.
Cat Financial - Yoy Increase in Qtrly Allowance for Credit Losses Included a Higher Reserve for Russia and Ukraine Portfolios.
Cat Financial- As of June 30, 2022, Allowance for Credit Losses Totaled $376 Million.
Revenue is expected to be $14.14 Billion
Adjusted EPS is expected to be $3.19

Next Quarter Revenue Guidance is expected to be $15.22 Billion
Next Quarter EPS Guidance is expected to be $3.34

More details on our Analysts Page.