Caterpillar reported Q1 EPS of $5.54, topping the $4.63 consensus estimate.
Revenue rose 10% YoY to $17.4 billion, exceeding analysts’ $16.49 billion forecast.
Pre‑market shares jumped over 5% after the earnings beat.
Pretax profit increased 12% to $195 million, driven by $40 million asset gains offset by $22 million higher expenses.