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Caterpillar reports positive 2Q 2017 results

Delivered strong quarter with higher sales, revenues and profit; raised full-year outlook.


Caterpillar Inc. (NYSE: CAT) recently announced second-quarter 2017 sales and revenues of $11.3 billion, compared with $10.3 billion in the second quarter of 2016.

 Second-quarter 2017 profit per share was $1.35, compared with $0.93 per share in the second quarter of 2016. Excluding restructuring costs and a gain on the sale of an equity investment in IronPlanet, second-quarter 2017 adjusted profit per share was $1.49, compared to second-quarter 2016 adjusted profit per share of $1.09.

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