Company News: Caterpillar (CAT) Q1 results beat analysts’ projections

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25 April 2017

Company News: Caterpillar (CAT) Q1 results beat analysts’ projections

Caterpillar (CAT) reported Q1 FY 2017 earnings of $1.28 per share (versus $0.67 in Q1 FY 2016), beating analysts' consensus estimate of $0.63.

The company's quarterly revenues amounted to $9.822 bln (+3.8% y/y), beating analysts' consensus estimate of $9.271 bln.

CAT rose to $101.70 (+5.05%) in pre-market trading.

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