Caterpillar (CAT) Earnings Q1 2027
January 27, 2027 @ 7:00 am - 8:00 am
Caterpillar (CAT) Earnings Q1 2027
Next CAT Quarterly Earnings: Wednesday, at 7:00 am ET (12:00 pm London).
Date to be confirmed by the publisher; this is the scheduled date.
- Consensus
- Not yet published
- Prior
- Q3 2025: revenue $17.6bn, EPS $4.88
- Actual
- Pending
Updated
Caterpillar Inc (NYSE: CAT) is expected to report its first-quarter 2027 results on January 27, 2027, at approximately 7:00 am ET (12:00 pm London time), though the company had not yet confirmed the exact date at the time of writing. Caterpillar is the world’s largest manufacturer of construction and mining equipment, and its earnings are watched closely as a bellwether for global industrial demand, infrastructure spending and commodity-linked capital expenditure. Full schedule and background: Caterpillar earnings calendar.
What is Caterpillar’s quarterly earnings report?
Caterpillar reports financial results four times a year through a press release, a Securities and Exchange Commission (SEC) filing known as an 8-K, and a conference call with analysts hosted by senior management, typically the chief executive and chief financial officer. The report breaks down revenue and profit by segment, including Construction Industries, Resource Industries, Energy & Transportation, and Financial Products. Analysts and investors use the call to ask about order backlogs, pricing, dealer inventories and the outlook for the rest of the year.
Because Caterpillar sells heavy machinery into construction, mining, energy and transportation markets worldwide, its results are often treated as a proxy for the health of global industrial activity, not just the US economy.
When is the Caterpillar Q1 2027 earnings call and how to follow it
Caterpillar has historically reported fourth-quarter and full-year results in late January, with the earnings release published before the market opens and a conference call following around 90 minutes later. The company has not yet confirmed the January 27, 2027 date publicly; this page uses Caterpillar’s usual reporting pattern of releasing results in the final week of January. Results and the call are published on Caterpillar’s investor relations website, where a live webcast and the accompanying slide deck are normally made available.
What to expect
A consensus forecast for Caterpillar’s first-quarter 2027 earnings per share (EPS) and revenue has not yet been published. Wall Street estimates typically firm up in the weeks immediately before the release, once analysts have updated their models for recent economic data, commodity prices and company guidance. When published, consensus figures are usually compiled by data providers such as LSEG (Refinitiv) or Zacks from a survey of sell-side analysts.
Investors will likely focus on order backlogs and dealer inventory levels, pricing power against rising input costs, the performance of the Energy & Transportation segment (which includes data centre and power generation demand), and any update to full-year guidance on margins and capital expenditure. Guidance risk is significant for Caterpillar because machinery orders are sensitive to interest rates, construction activity and mining capital spending cycles.
Markets also pay attention to how Caterpillar’s management frames the outlook for the year ahead. Analysts on the call typically probe for colour on pricing versus volume, the health of dealer networks that distribute machinery worldwide, and how tariffs or trade policy might affect input costs and export markets. Because a large share of Caterpillar’s sales flow through independent dealers rather than direct sales, changes in dealer inventory levels can signal whether end-user demand is strengthening or merely restocking after a quiet period.
The Energy & Transportation segment has become an increasingly important swing factor in recent results, driven by demand for large engines used in data centres, power generation and marine applications. Growth in this segment has partly offset softer demand in some construction and mining markets, and investors will likely watch whether that trend continues into 2027.
| Quarter | Revenue | EPS (adjusted) | vs estimate |
|---|---|---|---|
| Q4 2024 | $16.2 billion | $5.14 | Not verified |
| Q1 2025 | $14.2 billion | $4.25 | Not verified |
| Q2 2025 | $16.6 billion | $4.72 | Not verified |
| Q3 2025 | $17.6 billion | $4.88 (GAAP) | Beat consensus revenue of $16.77 billion and EPS estimate of $4.39, according to Gurufocus |
Figures are taken from Caterpillar’s quarterly earnings releases filed with the SEC. More recent quarterly results, including any reported for 2026, were not available for verification at the time of writing.
What the outcome could mean
| Scenario | Likely market read | Plain-English meaning |
|---|---|---|
| Beat on EPS and revenue, raised guidance | Shares likely rise; industrial and cyclical stocks may follow | Demand for machinery and infrastructure spending is holding up better than expected |
| In line with expectations | Muted share reaction, focus shifts to the earnings call commentary | Business is tracking roughly as forecast, with no major surprises |
| Miss on EPS or revenue, cautious guidance | Shares likely fall; could weigh on broader industrial sector sentiment | Orders, pricing or costs are weaker than markets had hoped, raising concern about the construction and mining cycle |
What It Means for Your Money
Caterpillar is a component of the Dow Jones Industrial Average and widely held in index funds and pension portfolios, so its share price movement has a small but real effect on diversified retirement savings, even for people who have never bought the stock directly. A strong or weak result can also move sentiment across the broader industrial and materials sectors, affecting related holdings such as mining and engineering firms.
Because Caterpillar earns a large share of revenue outside the United States, currency moves in the dollar, euro and emerging-market currencies can affect reported results, and in turn investor appetite for industrial exposure. For UK and European investors, Caterpillar’s commentary on construction and infrastructure demand often offers early signals about order books for European equipment makers. For consumers, there is no direct link to mortgages or savings rates, but persistently weak industrial demand can be an early sign of a broader economic slowdown that eventually feeds into interest rate decisions and the jobs market.
Related events
- US Federal Reserve interest rate decisions, which influence construction and financing costs for Caterpillar’s customers
- US ISM Manufacturing PMI, a broader gauge of industrial activity released around the same time each month
- Other heavy machinery and industrial earnings, including Deere & Company and Cummins
Frequently Asked Questions
What time does Caterpillar report Q1 2027 earnings?
The release is expected before the market opens, around 7:00 am ET (12:00 pm London time), based on Caterpillar’s usual reporting pattern, though the exact date has not been confirmed.
Where can I watch the Caterpillar earnings call?
Results and the live webcast are normally published on Caterpillar’s investor relations website.
What was Caterpillar’s most recent quarterly result?
In the most recently verified quarter, third-quarter 2025, Caterpillar reported revenue of $17.6 billion and earnings per share of $4.88, beating analyst estimates, according to Gurufocus.
Is there a consensus forecast for this report yet?
No, a consensus forecast has not yet been published for Caterpillar’s first-quarter 2027 results. Estimates typically appear closer to the reporting date.
Why does Caterpillar’s earnings report matter to global markets?
As the world’s largest maker of construction and mining equipment, Caterpillar’s order trends and guidance are widely used as an indicator of global industrial and infrastructure demand.