PREVIEW: Caterpillar Q1 EPS, revenue expected to fall

Caterpillar CAT.N shares down 0.8% at $304.65 ahead of Q1 results due before the opening bell on Wednesday

The maker of construction equipment is expected to report EPS of $4.35 on revenue of $14.661 bln, per LSEG data, vs yr-ago results of $5.60 per share in earnings and revenue of $15.799 bln

CAT has met or beaten EPS in seven of past eight quarters, with a sole miss in Q3 2024; on revenue side, CAT has missed in three of past eight qtrs, with most recent miss last qtr

Of the 28 analysts that cover CAT, the breakdown of recommendations is 10 "strong buy" or "buy," 15 "hold" and 3 "sell" or "strong sell" ratings

Median price target of $372 is down from $385.99 a month ago

CAT shares down 15.7% YTD vs 4.9% decline in Dow Industrials .DJI