Caterpillar (CAT.US) Q1 financial report greatly exceeds expectations! The AI data center "power core" ignites demand, and both the construction and energy sectors are soaring.
According to Wisdom Finance APP, global construction machinery giant Caterpillar (CAT.US) released its first quarter financial report on Thursday, surpassing market expectations across the board and raising its full-year revenue guidance. The report shows that Caterpillar's total revenue for the first quarter reached $17.42 billion, a year-on-year increase of 22%, exceeding the market's average expectation of $16.61 billion; excluding one-time items, adjusted earnings per share were $5.54, significantly higher than $4.25 in the same period last year, and also greatly exceeded analysts' expectations compiled by the market (around $4.62-4.63).
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