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Caterpillar posts second-quarter earnings of $1.67 billion.

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Associated Press

DEERFIELD, Ill. (AP) — Caterpillar Inc. on Tuesday reported second-quarter earnings of $1.67 billion. On a per-share basis, the Deerfield, Illinois-based company said it had net income of $3.13. Earnings, adjusted for restructuring costs, came to $3.18 per share. The results exceeded Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $3 per share.

Article Topic Follows: AP National Business

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Associated Press

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