Benzinga | Apr 29, 2021 06:31AM EDT

Caterpillar Q1 Adj. EPS $2.87 Beats $1.94 Estimate, Sales $11.90B Beat $11.09B Estimate

Caterpillar (NYSE:CAT) reported quarterly earnings of $2.87 per share which beat the analyst consensus estimate of $1.94 by 47.94 percent. This is a 79.38 percent increase over earnings of $1.60 per share from the same period last year. The company reported quarterly sales of $11.90 billion which beat the analyst consensus estimate of $11.09 billion by 7.30 percent. This is a 11.89 percent increase over sales of $10.63 billion the same period last year.