Investing.com – Caterpillar (NYSE: ) On Thursday, the first quarter ended with revenue surpassing expectations. Analysts’ estimates were beaten by this report.

Caterpillar reported earnings per share at $2.88 for revenue $13.59B. Investing.com polled analyst to predict EPS at $2.6 for revenue $13.25B.

Caterpillar shares have risen 3% since the start of the year but are still 13.27% below its 52-week high of $246.69, which was set on June 4, 2021. They are outperforming the S&P 500 which is down 12.22% from the start of the year.

Caterpillar’s earnings are in line with other large industrials sectors this month

Caterpillar’s earnings report comes after United Parcel Service reported an earnings beat on Tuesday. They reported EPS at $3.05 for revenue of $24.38B. This compares to the forecasts of EPS at $2.89 for revenue of $23.82B.

Union Pacific’s April 21 results were better than expected with its first quarter EPS (EPS) of $2.57 based on revenue $5.86B. This compares to forecasted EPS (2.56 based on revenue $5.71B).

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar