Compared to Estimates, Caterpillar (CAT) Q1 Earnings: A Look at Key Metrics

For the quarter ended March 2024, Caterpillar (CAT) reported revenue of $15.8 billion, down 0.4% over the same period last year. EPS came in at $5.60, compared to $4.91 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $16.07 billion, representing a surprise of -1.69%. The company delivered an EPS surprise of +9.38%, with the consensus EPS estimate being $5.12.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...