Although the revenue and EPS for Caterpillar (CAT) give a sense of how its business performed in the quarter ended June 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Caterpillar (CAT) came out with quarterly earnings of $8.17 per share, beating the Zacks Consensus Estimate of $6.25 per share. This compares to earnings of $4.72 per share a year ago.
Caterpillar Inc (NYSE:CAT, XETRA:CAT) shares jumped 11% to $923 in pre-market trading on Tuesday after booming demand for power-generation equipment helped the industrial group deliver record quarterly revenue. Sales increased 24% to $20.5 billion in the second quarter, beating the $19.3 billion forecast and marking Caterpillar's first quarter with revenue above $20 billion.
Wall Street futures were given a new boost ahead of another packed earnings session, helped by a renewed fall in oil prices as hopes of a deal with Iran resurfaced. Dow Jones futures were up 453 points, or 0.9%, while those for the Nasdaq gained 0.9%.
Caterpillar notched higher profit in the latest quarter as sales jumped, driven by continued demand for its construction equipment, as well as its engines and generators.
US stock market is entering August against a turbulent backdrop, featuring continued Iran-driven volatility in oil prices and an ongoing earnings season. Plus, investors are still processing the recent Fed meeting where new chairman Kevin Warsh held benchmark rates steady.
Caterpillar Inc. CAT is expected to deliver year-over-year improvement in both earnings and revenues when it reports second-quarter 2026 results on August 4, before the opening bell.
Caterpillar stock has pulled back substantially, moving from the year-to-date high of $1,073 to the current $809. It has dropped in the past six consecutive weeks, its longest streak in years.
Looking beyond Wall Street's top-and-bottom-line estimate forecasts for Caterpillar (CAT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2026.
Caterpillar (CAT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
In the closing of the recent trading day, Caterpillar (CAT) stood at $873.28, denoting a -1.74% move from the preceding trading day.