$CAT also rocked in Q4 last year 🏗
Catepillar's revenue grew 3% year-over-year in the final quarter of last year.
The Machinery, Energy & Transportation segment generated $16.24 billion, missing the average market estimate of $16.53 billion. The Financial segment grew by 15% y-o-y to USD 833 million. The financial sector grew by USD 8.5 million, beating the market estimate of USD 812.5 million. USD 812 MILLION.
Research and development expenditure increased by 38% y-o-y to the same level as the previous quarter, at USD 554 million. USD 554 MILLION. The market consensus was 532.7 million. USD
Great, I'm glad I recently added CAT stock to my portfolio and the gains make me happy.
Great results.