Gear Up for Caterpillar (CAT) Q1 Earnings: Wall Street Estimates for Key Metrics

Wall Street analysts forecast that Caterpillar (CAT) will report quarterly earnings of $4.30 per share in its upcoming release, pointing to a year-over-year decline of 23.2%. It is anticipated that revenues will amount to $14.54 billion, exhibiting a decline of 8% compared to the year-ago quarter.The consensus EPS estimate for the quarter has undergone a downward revision of 2.3% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed the ...