Caterpillar's shares fall on fears demand may have peaked
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Caterpillar (CAT) beats earnings and revenue expectations, shares slide
April 27, 2023 10:01 AM EDTCaterpillar (NYSE: CAT) shares dropped more than 4% Thursday despite beating analyst consensus expectations.
The construction equipment manufacturer reported Q1 EPS of $4.91, $1.11 better than the analyst estimate of $3.80, while revenue for the quarter grew by $116 million or 18%, coming in at $15.9 billion versus the consensus... More
