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Update: Caterpillar Shares Rise After Q1 Beat, Higher 2026 Guidance

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(Updates with the latest stock movement in the headline and the first paragraph, and 2026 guidance details in the last paragraph.

Caterpillar (CAT) shares rose 9.6% in Thursday trading after the company posted better-than-expected Q1 results and raised its 2026 revenue guidance.

The company reported Q1 adjusted profit of $5.54 per share, up from $4.25 a year earlier.

Analysts polled by FactSet expected $4.65.

Total sales and revenue for the quarter ended March 31 were $17.42 billion, compared with $14.25 billion a year earlier.

Analysts polled by FactSet expected $16.53 billion.

Chief Executive Joseph Creed said during the earnings call that the company raised its outlook and now expects low double-digit growth for full-year 2026 sales and revenue, citing solid execution and resilient markets.

Price: $887.52, Change: $+77.47, Percent Change: +9.56%

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