The company reported 92 cents in adjusted earnings per share, 10 cents higher than expected by analysts polled by Refinitiv. Revenue came in at $29.69 billion, above the consensus estimate of $29.3 billion.Caterpillar rally boosting market futuresreported much better than expected first-quarter results Thursday morning. The Dow Jones Industrial Average member earned an adjusted $4.91 a share last quarter on revenue of $15.862 billion. Analysts had expected earnings per share of $3.
Caterpillar shares gained 3.5% in early trading. After the results hit, Dow futures extended their gain to 183 points.
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