Caterpillar (NYSE:CAT) reported its Q1 earnings results on Thursday, April 28, 2022 at 06:30 AM.
Here's what investors need to know about the announcement.
Earnings
Caterpillar beat estimated earnings by 10.77%, reporting an EPS of $2.88 versus an estimate of $2.6.
Revenue was up $1.70 billion from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.43 which was followed by a 5.19% drop in the share price the next day.
Here's a look at Caterpillar's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.26 | 2.20 | 2.38 | 1.94 |
| EPS Actual | 2.69 | 2.66 | 2.60 | 2.87 |
| Revenue Estimate | 13.15B | 12.48B | 12.58B | 11.09B |
| Revenue Actual | 13.80B | 12.40B | 12.89B | 11.89B |
To track all earnings releases for Caterpillar visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
