Company news: Caterpillar (CAT) posts disappointing quarterly results

Caterpillar (CAT) reported Q1 FY2025 earnings of $4.25 per share (versus $5.60 per share in Q1 FY2024), missing analysts’ consensus estimate of $4.35 per share.

The company’s quarterly revenues amounted to $14.249 bln (-9.8% y/y), missing analysts’ consensus estimate of $14.722 bln.

CAT rose to $314.00 (+2.15%) in pre-market trading.