earnings
confidence high
sentiment positive
materiality 0.75
Caterpillar Q1 GAAP EPS $5.75 vs $3.74, adjusted $5.60 vs $4.91; revenue $15.8B flat YoY
CATERPILLAR INC
2024-Q1 EPS reported
$5.75
revenue$15,799,000,000
- Revenue $15.8B, down slightly from $15.9B YoY; GAAP EPS $5.75, adjusted EPS $5.60.
- Adjusted EPS $5.60 vs $4.91 prior year, up 14%; driven by margin improvement.
- Global machine retail sales down 9% in Q1; EAME down 29%, Asia/Pacific down 10%.
- Energy & Transportation retail sales up 9% YoY; Oil & Gas up 35%, Power Gen up 9%.
- Resource Industries retail sales down 17% worldwide; Latin America up 38% but North America down 17%.