Caterpillar, Mercury General, and Zebra Technologies each delivered standout second-quarter results that crushed Wall Street estimates. Caterpillar posted adjusted earnings of $8.17 per share on revenue of $20.54 billion, topping consensus by nearly 31% and 24% year-over-year growth, while raising its full-year sales outlook and reporting a record $72 billion backlog. Mercury General earned $3.52 per share, a 95% beat, with sales rising 14% to $1.67 billion, driven by stronger underwriting and higher investment income. Zebra Technologies reported $6.35 per share, a 46% surprise, on revenue of $1.55 billion, and significantly raised its full-year guidance to 14% to 16% revenue growth and adjusted EPS of $20.75 to $21.25.
Caterpillar IncBeat Q2 estimates, raised full-year outlook, record backlog
Mercury General CorporationEarnings beat by 95%, driven by stronger underwriting and higher investment income
Zebra Technologies CorporationBeat estimates and raised full-year guidance significantly
