Caterpillar Reports Record Quarterly Profit; Sales and Revenues Increase 57 Percent, Profit Up 426 Percent
Posted on Friday, 29 April 2011
PEORIA, Ill.— Driven by the continuing improvement in global demand for its products and its focus on cost management, Caterpillar Inc. (NYSE: CAT) today reported first-quarter 2011 profit per share of $1.84—an alltime
quarterly record and a 411-percent improvement from $0.36 in the first quarter of 2010.