Caterpillar Inc. expected to report Fiscal Year 2010 results on January 26, 2011. This event was calculated by Capital IQ (Created on July 27, 2010).

Caterpillar Inc. announced that it is partnering with Mike Rowe. With Mike's dedication to the trades and Caterpillar's commitment to its customers, the two have joined forces to highlight the important and essential work Caterpillar customers perform everyday. Rowe will be spending time with Caterpillar customers and dealers to get a real world perspective on their jobs and how the two partner to be successful. These encounters will be featured on cat.com and at Cat Dealerships across the country and will be used to demonstrate the solutions that Cat Dealers provide their customers throughout the lifecycle of their equipment, highlighting their superior parts and service support.

Caterpillar Inc. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2010. For the quarter, the company's total sales and revenues were $10,409 million compared with $7,975 million a year ago. Operating profit was $977 million compared with $347 million a year ago. The improvement was primarily the result of higher sales volume, which includes the impact of an unfavorable mix of products, lower manufacturing costs and better price realization. Consolidated profit before taxes was $946 million compared with $401 million a year ago. Profit was $707 million or $1.09 per diluted share compared to $371 million or $0.60 per diluted share a year ago. For the six months, the company's total sales and revenues were $18,647 million compared with $17,200 million a year ago. Operating profit was $1,485 million compared with $172 million a year ago. Consolidated profit before taxes was $1,415 million compared with $189 million a year ago. Profit was $940 million or $1.46 per diluted share compared to $259 million or $0.42 per diluted share a year ago. Net cash provided by operating activities was $1,743 million compared with $2,803 million a year ago. Capital expenditures were $484 million compared with $443 million a year ago. For the 2010, the company's profit is expected to be in a range of $3.15 to $3.85 per share. The previous outlook expected profit in a range of $2.50 to $3.25 per share. Machinery and Engines capital expenditures are expected to be about $1.8 billion in 2010, up from $1.3 billion in 2009. The outlook for sales and revenues is a range of $39 to $42 billion, up from the previous forecast of $38 to $42 billion. The increase in the sales outlook is a result of continuing improvement in end-user demand partially offset by the unfavorable impact of currency.