07:04 AM EDT, 04/25/2024 (MT Newswires) -- Caterpillar ( CAT ) posted Q1 adjusted earnings Thursday of $5.60 per share, up from $4.91 a year earlier.

Analysts polled by Capital IQ expected $5.13.

Revenue for the quarter ended March 31 was $15.8 billion, down from $15.86 billion a year earlier.

Analysts surveyed by Capital IQ expected $15.99 billion.

Shares of the company declined more than 3% in recent premarket activity on Thursday.

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