Earnings Recap – January 28th💰

Earnings Recap – January 28th

Caterpillar

Caterpillar reported Q4 earnings on Friday. The American Fortune 100 company reported earnings of $2.69 per share, vs. analysts’ expectations of $2.27 per share. Revenue grew 23% from last year to $13.8 billion vs. $12.6 billion as expected by analysts. This is the seventh earnings beat in a row for Caterpillar.

Chevron

Chevron reported Q4 earnings of $2.56 per share vs. analysts’ expectations of $3.12 per share. Revenue grew 90% from last year to $48.13 billion vs analysts’ expectations of $45.69 billion.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

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