Caterpillar Reports First-Quarter 2024 Results
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Caterpillar (CAT) tops earnings expectations but sales volume declines
April 25, 2024 6:39 AM EDTCaterpillar (NYSE: CAT) reported a mixed first quarter of 2024, with earnings surpassing analyst expectations but revenue falling short, causing its stock to slide 1.8%. The company announced an adjusted profit per share of $5.60, exceeding the consensus estimate by $0.46. However, revenue for the quarter was $15.8 billion, not meeting the $16 billion analysts had anticipated.
The machinery giant experienced a relatively flat revenue compared to the first quarter of the previous year,... More
Caterpillar (CAT) Tops Q1 EPS by 46c, Misses on Revenue
April 25, 2024 6:31 AM EDTCaterpillar (NYSE: CAT) reported Q1 EPS of $5.60, $0.46 better than the analyst estimate of $5.14. Revenue for the quarter came in at $15.8 billion versus the consensus estimate of $16 billion.
For earnings history and earnings-related data on Caterpillar (CAT) click here.
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