earnings
confidence high
sentiment positive
materiality 0.75
Caterpillar Q1 sales up 17% to $15.9B; adjusted EPS $4.91 vs $2.88 YoY
CATERPILLAR INC
2023-Q1 EPS reported
$3.74
revenue$15,862,000,000
- Q1 sales and revenues $15.9B (+17% YoY); GAAP EPS $3.74, adjusted EPS $4.91.
- Operating profit margin 17.2% (GAAP), adjusted 21.1% vs 13.7% prior-year quarter.
- Returned $1.0B to shareholders via dividends and share repurchases in Q1.
- Retail sales: worldwide machines +5%, Energy & Transportation +39%, Resource Industries +18%, Construction Industries flat.
- Divestiture of Longwall business recorded as restructuring cost in Q1.