25.04.2024 12:33:34 - dpa-AFX: Caterpillar Inc. Q1 Profit Increases, beats estimates

PEORIA (dpa-AFX) - Caterpillar Inc. (CAT) reported a profit for its first
quarter that increased from the same period last year and beat the Street
estimates.

The company's bottom line came in at $2.86 billion, or $5.75 per share. This
compares with $1.94 billion, or $3.74 per share, in last year's first quarter.

Excluding items, Caterpillar Inc. reported adjusted earnings of $2.78 billion or
$5.60 per share for the period.

Analysts on average had expected the company to earn $5.14 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 0.4% to $15.80 billion from $15.86
billion last year.

Caterpillar Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $2.86 Bln. vs. $1.94 Bln. last year.
-EPS (Q1): $5.75 vs. $3.74 last year.
-Revenue (Q1): $15.80 Bln vs. $15.86 Bln last year.


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
CATERPILLAR INC. DL 1 850598 Frankfurt 312,000 03.05.24 19:00:00 +2,500 +0,81% 0,000 0,000 313,000 312,000

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