Caterpillar (CAT) stock rises 3% on earnings beat
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Caterpillar Reports Fourth-Quarter and Full-Year 2023 Results
February 5, 2024 6:30 AM ESTFourth-quarter 2023 sales and revenues up 3%; full-year sales and revenues up 13%Fourth-quarter 2023 profit per share of $5.28; adjusted profit per share of $5.23Full-year profit per share of $20.12; adjusted profit per share of $21.21Strong operating cash flow of $12.9 billion; ended the year with $7.0 billion of enterprise cashReturned $7.5 billion to shareholders through share repurchases and dividends in 2023
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