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

Core Viewpoint - Analysts forecast Caterpillar (CAT) will report quarterly earnings of $4.30 per share, reflecting a year-over-year decline of 23.2%, with anticipated revenues of $14.54 billion, down 8% from the previous year [1]. Earnings Estimates - The consensus EPS estimate has been revised downward by 2.3% in the past 30 days, indicating a reassessment by covering analysts [2]. - Revisions to earnings projections are crucial for predicting investor behavior and are linked to short-term stock price performance [3]. Revenue Projections - Total sales and revenues for Machinery, Energy & Transportation - Resource Industries are expected to be $2.85 billion, a decline of 10.7% year over year [5]. - Total sales and revenues for Machinery, Energy & Transportation - Total are projected at $13.66 billion, indicating an 8.7% decrease from the prior-year quarter [5]. - Financial Products - Total revenues are expected to reach $895.58 million, reflecting a year-over-year increase of 6.7% [6]. - All Other revenues in Machinery, Energy & Transportation are anticipated to be $115.32 million, showing a 5.8% increase year over year [6]. Regional Sales Estimates - Sales and Revenues for Asia/Pacific - Machinery, Energy & Transportation are projected at $2.58 billion, down 5.4% year over year [7]. - Latin America - Machinery, Energy & Transportation revenues are expected to be $1.43 billion, indicating a 3% decline [8]. - North America - Machinery, Energy & Transportation revenues are forecasted at $7.20 billion, reflecting a 10% decrease from the previous year [8]. Sales Volume and Price Realization - Sales Volume for Machinery, Energy & Transportation - Energy & Transportation is expected to be -$63.89 million, compared to $231 million in the same quarter last year [9]. - Price Realization - Total is projected at -$359.41 million, down from $575 million in the same quarter last year [9]. - Price Realization for Machinery, Energy & Transportation - Construction Industries is estimated at -$321.51 million, contrasting with $199 million from the previous year [10]. - Price Realization for Machinery, Energy & Transportation - Resource Industries is expected to be -$97.84 million, down from $173 million year over year [10]. Stock Performance - Caterpillar shares have returned -9.6% over the past month, compared to a -4.8% change in the Zacks S&P 500 composite [11].