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05.02.2024

Company news: Caterpillar (CAT) quarterly earnings top analysts’ estimates

Caterpillar (CAT) reported Q4 FY2023 earnings of $5.23 per share (versus $3.86 per share in Q4 FY2022), beating analysts’ consensus estimate of $4.76 per share.

The company’s quarterly revenues amounted to $17.070 bln (+2.8% y/y), roughly in line with analysts’ consensus estimate of $17.057 bln.

CAT rose to $328.33 (+4.20%) in pre-market trading.

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