Caterpillar Q1 adj EPS 5.60 usd vs 4.91
Q1 revenue 15.8 bln usd vs 15.9 bln (Il Sole 24 Ore Radiocor) - New York, 25 Apr - The US agricultural and construction equipment manufacturer Caterpillar said that in the first quarter reported profit per share rose to 5.75 dollars from 3.74 dollars a year earlier and adjusted earnings per share grew to 5.60 dollars from 4.91 dollars.
Sales and revenue slipped to 15.8 billion dollars from 15.9 billion.
Operating profit margin was 22.3%, compared with 17.2% for the first quarter of 2023. Adjusted operating profit margin was 22.2% against 21.1%.
Enterprise operating cash flow was 2.1 billion dollars in the quarter and the company ended the first quarter with 5.0 billion dollars of enterprise cash. In the quarter, Caterpillar deployed 4.5 billion dollars of cash for repurchases of common stock and 0.6 billion of cash for dividends.
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(RADIOCOR) 25-04-24 13:12:26 (0379) 5 NNNN