Caterpillar Beats EPS, Misses on Revenue
Caterpillar(CAT) The Motley Fool·2025-01-31 00:34
Caterpillar delivered better-than-expected earnings per share but faced softer-than-anticipated revenue.Caterpillar (CAT -4.69%), a global leader in construction and mining equipment manufacturing, reported mixed fourth-quarter 2024 earnings on Thursday, Jan. 30. While adjusted earnings per share (EPS) of $5.14 beat analysts' consensus expectations of $5.02, the company faced challenges as revenue of $16.2 billion fell short of the forecasted $16.61 billion. Despite these ongoing revenue struggles, Caterpil ...