* Caterpillar Inc is expected to show a rise in quarterly revenue when it reports results on April 25 for the period ending March 31 2024
* The Irving Texas-based company is expected to report a 1.1% increase in revenue to $16.038 billion from $15.86 billion a year ago, according to the mean estimate from 15 analysts, based on LSEG data. (Majority is on Consolidated Revenue basis)
* LSEG's mean analyst estimate for Caterpillar Inc is for earnings of $5.14 per share.
* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 11 "strong buy" or "buy," 13 "hold" and 3 "sell" or "strong sell."
* The mean earnings estimate of analysts was unchanged in the last three months.
* Wall Street's median 12-month price target for Caterpillar Inc is $327.00, below its last closing price of $357.61.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI
ENDING ARTESTIMAT ESTIMATE MET, SE %
E® MISSED
Dec. 31 2023 4.74 4.75 5.23 Beat 10
Sep. 30 2023 4.84 4.79 5.52 Beat 15.2
Jun. 30 2023 4.64 4.58 5.55 Beat 21.1
Mar. 31 2023 3.78 3.78 4.91 Beat 29.9
Dec. 4.03 4.02 4.27 Beat 6.1
31 2022
Sep. 30 2022 3.16 3.16 3.95 Beat 25
Jun. 30 2022 3.03 3.01 3.18 Beat 5.6
Mar. 31 2022 2.62 2.60 2.88 Beat 10.8
This summary was machine generated April 23 at 10:32 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
Comments