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Caterpillar Inc. Earnings Advance In Q1

Caterpillar Inc. (CAT) announced a profit for its first quarter that advanced from last year.

The company's profit totaled $1.88 billion, or $3.25 per share. This compares with $1.66 billion, or $2.74 per share, in last year's first quarter.

Analysts had expected the company to earn $2.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.7% to $13.47 billion from $12.86 billion last year.

Caterpillar Inc. earnings at a glance:

-Earnings (Q1): $1.88 Bln. vs. $1.66 Bln. last year.
-EPS (Q1): $3.25 vs. $2.74 last year.
-Analysts Estimate: $2.86
-Revenue (Q1): $13.47 Bln vs. $12.86 Bln last year.

Full year EPS guidance: $12.06 - $13.06

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