CAT Earnings

CAT reported its earnings on 2026-01-29, showcasing a revenue of 19.13B against an estimate of 17.83B, resulting in a 7.31% surprise. The EPS was 5.16, surpassing the expected 4.67 by 10.49%. The stock experienced a 3.41% price change on the earnings day and a 9.27% change over the next five days, reflecting market reactions to the results.

Following CAT's earnings announcement on 2026-01-29, the stock price moved by 3.41% on the day of the release. Over the subsequent five days, it saw a 9.27% change. Historically, CAT's stock price tends to shift by an average of 0.79% in the 10 days leading up to earnings and 3.36% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate CAT's annual revenue to reach 15.71B, while the EPS is projected at 4.45. These estimates reflect recent revisions, with revenue estimates revised upward by 0.21% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between CAT's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised upward by 0.21%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, CAT's stock price typically moves by 0.79% in the 10 days before its earnings and 3.36% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 4.45 and revenue of 15.71B.

The earnings call indicates a mixed outlook with declining sales and revenues, lower profit margins, and increased dealer inventory. While there are positives like strong cash flow and shareholder returns, the guidance suggests a slight decline in sales and revenues for 2024, particularly in Construction Industries. The Q&A section highlights uncertainties and lack of clarity in future guidance, especially in Resource Industries and pricing impacts. Despite shareholder-friendly actions, the overall sentiment leans negative due to weak sales performance and cautious future outlook.