11:12 AM EST, 01/30/2025 (MT Newswires) -- (Updates with Q1, full-year 2025 guidance and recent share movement starting in the fifth paragraph.)
Caterpillar ( CAT ) reported Q4 adjusted earnings Thursday of $5.14 per share, down from $5.23 a year earlier.
Analysts surveyed by FactSet expected $5.02.
Revenue for the quarter ended Dec. 31 was $16.22 billion, down from $17.07 billion a year earlier.
Analysts surveyed by FactSet expected $16.61 billion.
The supplier of construction equipment said in a separate presentation that it expects lower Q1 revenue compared with a year earlier. It also expects "slightly lower" full-year revenue compared with 2024.
Caterpillar ( CAT ) also said it expects full-year capital expenditures of $2.5 billion and restructuring costs between $150 million to $200 million in 2025.
Caterpillar ( CAT ) shares were down 4.5% in recent trading.
Price: 376.20, Change: -17.04, Percent Change: -4.33