Caterpillar rises after Q2 profit jumps
04/08/2026 11:44
BUZZ-Caterpillar rises after Q2 profit jumps ** Shares of Caterpillar CAT.N gain 6% to $$873 premarket
** The construction equipment company reports a higher second-quarter profit, driven by sustained demand for its power-generation and construction equipment
** Posts Q2 adjusted per-share profit of $8.17, up from $4.72 a year earlier
** CAT's overall quarterly revenue grew 24% to $20.54 billion and its core construction segment revenue grew 35%
** As of last close, stock up ~45% YTD
(Reporting by Megavarshini G. Somasundaram in Bengaluru)
((Megavarshini.SomasundaramGnanasundari@thomsonreuters.com))