Caterpillar earnings, revenue expected to jump

** Caterpillar CAT.N shares up 2% at $833.01 on Monday ahead of quarterly results before the bell, with focus on demand for its construction and power generation equipment.

** Analysts expect quarterly adjusted EPS of $6.20 on revenue of $19.34 billion, up from $4.72 and $16.55 billion a year ago, per LSEG.

** CAT has met or beaten EPS estimates in 5 of the past 8 quarters, with the most recent miss in Q2 2025.

** The stock has surged about 45% year to date as AI-related buildup of data centers has fueled demand for its backup power equipment, versus a 10.5% gain in the Dow Industrials .DJI.

** Of the 30 analysts that cover Caterpillar Inc, the breakdown of recommendations is 15 "strong buy" or "buy," 14 "hold" and 1 "sell" rating.

** The median price target of $950 is unchanged for the past two months, up from $877 on May 3.

** CAT options imply a 7.3% swing for the shares, in either direction by Friday, per Trade Alert data; that's higher than the stock's average move of 4.4% on the day of results over the last eight quarters.