The hottest caterpillar announces the first quarte

2022-08-06
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Caterpillar announced the first quarter performance of 2019

the first quarter financial report of 2019

the growth of sales and revenue drove the first quarter

earnings per share to a new high

the first quarter sales and revenue increased by 5%

the first quarter earnings per share hit a record high

the earnings per share outlook range is now between $12.06 and $13.06

the Company repurchased $751million of shares

caterpillar recently announced the first quarter of 2019 Degree performance: Sales and revenue in the first quarter of 2019 were US $13.5 billion, an increase of 5% over US $12.9 billion in the first quarter of 2018. The earnings per share in the first quarter of 2019 was $3.25, a record high for the first quarter. This was a 19% increase from the record $2.74 per share in the first quarter of 2018

the earnings per share in the first quarter of 2019 include US $178million of unconventional tax benefits brought about by the US tax reform, or US $0.31 per share. Earnings per share for the first quarter of 2018 included restructuring costs of US $0.08 per share

in the first quarter of 2019, the operating cash flow of construction machinery and energy and transportation industry was US $860million. In the first quarter of 2019, the Company repurchased $751million of caterpillar common stock and paid a dividend of $494million. At the end of the first quarter of 2019, the company's cash balance was US $7.1 billion

an Bojun, chairman and CEO of caterpillar, said: "the efforts of Caterpillar's global team have made the EPS in the first quarter reach an all-time high. By investing in improving services and enriching our product line to ensure that the impact hammer and drop hammer accurately hit the safety helmet and improve operational excellence, we are practicing our corporate strategy centered on profitable growth."

2019 outlook

the company continues to maintain confidence in the fundamentals of its diversified end market, and its expectations for 2019 performance remain unchanged. 5. However, thanks to the unconventional tax interest of US $0.31 per share, caterpillar adjusted the earnings per share outlook range to US $12.06 to US $13.06, compared with the previous outlook range of US $11.75 to US $12.75. The unconventional tax benefits of US $178million (or US $0.31 per share) in the first quarter are related to the US tax reform and are the result of the final regulations recently issued by the US Treasury Department

this outlook does not include mark to market earnings or losses arising from the recalculation of pensions and other after service benefit plans (opeb), which will be excluded from the adjusted earnings per share in the fourth quarter of 2019 together with other unconventional items

about caterpillar

over the past 90 years, caterpillar has made unremitting efforts to make sustainable progress possible and actively promoted change on all continents of the world. Caterpillar assists customers in infrastructure construction, energy and natural resource development

in 2018, Caterpillar's global sales and revenue totaled US $54.722 billion. It is a global leader in the field of construction engineering machinery, mining equipment, diesel and natural gas engines, industrial gas turbines and electric drive diesel locomotives. The operation of the company mainly involves three business segments: construction machinery, resource industry, energy and transportation, and provides financing and related services through the financial products business segment

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