Download the app
← Latest news

Caterpillar shares jump after blockbuster quarter with surge across construction and energy segments

Business
Published on 30 April 2026
Caterpillar shares jump after blockbuster quarter with surge across construction and energy segments

Construction revenue rockets while power and energy also climbs

Caterpillar’s shares rose after a blockbuster first-quarter profit report. Total revenue climbed 22% to $17.42 billion, with construction segment revenue jumping 38% and power and energy revenue increasing 22%. The results signal broad-based demand momentum, but investors are now weighing whether the rally has more room to run.

  • Total revenue rose 22% to $17.42 billion
  • Construction segment revenue jumped 38% sharply
  • Power and energy revenue increased 22%
  • Investors now debate whether to buy after the surge
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.