Two insights from Caterpillar’s quarterly earnings, Q1 2023
Caterpillar released their Q1 2023 earnings recently. Analysing it, there are insights that could be valuable for SaaS solution providers. Here are a couple that can get you started.
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Two insights from Caterpillar’s quarterly earnings, Q3 2022
We have two interesting insights to share from the analysis of Caterpillar’s quarterly earnings for Q3 2022, that were released on 27 Oct 2022.
1. Increased manufacturing costs
Caterpillar has experienced higher material cost, freight handling cost and impact of manufacturing inefficiencies. The company will want to improve these in the coming quarters, and might look at relevant solutions favorably. This could be helpful for products and solutions in freight management, transportation and smart manufacturing.
2. Consistent growth in Energy and Transportation products across regions
Caterpillar’s products in Energy and Transportation business have seen consistently better sales. Including the aftermarket parts for reciprocating engines. This could give rise to demand and need for better management of installed base solutions for Caterpillar in future.
Two insights from Caterpillar’s quarterly earnings, Q2 2022
We have two interesting insights to share from the analysis of Caterpillar’s quarterly earnings for Q2 2022, which was released on 2nd August.
1. Reduction in sales due to supply chain constraints
Caterpillar has a solid order book with a backlog that’s grown to over 2 billion during the quarter. Their increase in sales is due to better price realization. Despite the 3-6 month sales constraint, the company expects to meet year-end targets for earnings and free cash flow.
The company would like to improve their ability to generate operating margins and would need services that can help them execute supply chains efficiently.
2. Doubling down on investments in construction
Despite the supply chain backlog, the company is ramping up projects in infrastructure and investing heavily in construction. The company’s construction business especially in the Asia-Pacific region is expected to grow.
Caterpillar would need infrastructure for sourcing procurement, managing materials, and managing inventory to maintain its construction modules.
So there you have it, two insights from Caterpillar’s latest quarterly earnings. Despite the supply chain constraints, the company is investing in construction and increasing projects.
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In this episode, we have analyzed the quarterly earnings of Caterpillar – one of the largest construction-equipment manufacturers in Deerfield, Illinois. Caterpillar is at the forefront of heavy equipment financing, manufacturing, sourcing, and distribution.
The mainline business would need technology, support, and capability to execute all of these parts of the business efficiently. The key is to find the areas of interest or focus for Caterpillar and tailor your outreach to relevant people in the company.
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