Caterpillar: Q1 Earnings Insights - Caterpillar (NYSE:CAT)

Caterpillar 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.

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.

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.