Will High Prices Benefit Caterpillar's (CAT) Q1 Earnings?
Caterpillar(CAT) Zacks Investment Research·2024-04-19 16:16Caterpillar Inc. (CAT) is likely to register an improvement in both the top and bottom lines when it reports first-quarter 2024 results on Apr 25, before the opening bell.Q1 EstimatesThe Zacks Consensus Estimate for CAT’s total sales is $16 billion, suggesting growth of 1% from the year-ago quarter.The consensus estimate for quarterly earnings per share for Caterpillar is currently $5.12, which indicates growth of 4.3% from the year-ago reported figure. The earnings estimates have moved up 0.4% in the past ...