UKRAINE - 2021/04/11: In this photo illustration the Caterpillar logo is seen on a smartphone and a ... [+] pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesCaterpillar (NYSE: CAT) will report its Q2 2024 results on Tuesday, August 6. We expect the company’s revenues to come in at $16.8 billion and adjusted earnings of $5.56 per share, both slightly above the consensus estimates. The company should benefit from continued price i ...

Avalon_Studio Caterpillar Inc. (NYSE:CAT). This name has resounded in many ears since childhood, thanks to the yellow excavators and earth diggers that fascinate kids around the globe. With its stock, however, I have not been fortunate so far. I haven't lost any money, but neither have I made some. The reason is simple: I have never bought it. And yet, it is among my first picks on my watch list. But this stock taught me an interesting investing lesson because when I was convinced it was in buy territory, I ...

Caterpillar Inc. (CAT) is anticipated to record top and bottom-line declines when it reports second-quarter 2024 results on Aug 6, before the opening bell.The Zacks Consensus Estimate for second-quarter 2024 earnings has moved down 1% over the past 30 days to $5.53 per share. The consensus mark implies a 0.4% dip from the year-ago actual. The Zacks Consensus Estimate for revenues is pegged at $16.76 billion, suggesting a 3.2% year-over-year decline.  Image Source: Zacks Investment Research Solid Earnings Su ...

Wall Street analysts expect Caterpillar (CAT) to post quarterly earnings of $5.53 per share in its upcoming report, which indicates a year-over-year decline of 0.4%. Revenues are expected to be $16.76 billion, down 3.2% from the year-ago quarter.The consensus EPS estimate for the quarter has been revised 1.2% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a company announce ...

If all the major news agencies have their fingers on the pulse of monetary policy, it’s coming – interest rate cuts, that is. According to The Wall Street Journal, Federal Reserve officials will meet soon to discuss a potential September reduction in the benchmark interest rate. The central bank apparently has enough encouraging data in the inflation and labor market fronts to make the decision. And that bodes well for certain stocks to buy.Essentially, investors may assume that the equities space will favo ...

Caterpillar (CAT) closed the most recent trading day at $341.72, moving -0.82% from the previous trading session. This move lagged the S&P 500's daily loss of 0.5%. Elsewhere, the Dow gained 0.5%, while the tech-heavy Nasdaq lost 1.28%.Shares of the construction equipment company witnessed a gain of 4.69% over the previous month, beating the performance of the Industrial Products sector with its gain of 4.4% and the S&P 500's gain of 0.1%.Analysts and investors alike will be keeping a close eye on the perfo ...

IRVING, Texas, July 23, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) will release second-quarter 2024 financial results at 5:30 a.m. CDT on Tuesday, Aug. 6. The full text of the release will be available at investors.caterpillar.com/financials/quarterly-results or on PR Newswire at approximately 5:30 a.m. CDT. The release will be furnished to the U.S. Securities and Exchange Commission (SEC) via a Current Report on Form 8-K in compliance with applicable SEC rules.Teleconference and webcast access:A rea ...

aapsky Introduction On July 18, I saw a very interesting table from Bespoke. According to their data, the ten largest stocks in the S&P 500 lost 5.6% on a one-week basis. The remaining 490 stocks of the index rose by 3.7%! X (@bespokeinvest) Moreover, that week included a day on which the S&P 500 was down more than 1% while more than half of its holdings were up. This hasn't happened since April 2000, more than 24 years ago. This is part of the market-broadening trend we have discussed in countless ar ...

The Dow Jones Industrial Index is made up of 30 of the largest, publicly traded companies trading on either the New York Stock Exchange (NYSE) or the Nasdaq. These companies are known as blue-chip stocks to buy for their ability to deliver stable, reliable performance no matter what’s going on in the economy.  These stocks are part of many institutional portfolios. In fact, if you own a mutual fund like the SPDR S&P 500 ETF (NYSEARCA:SPY), you own more than one of these blue-chip stocks. However, when choos ...

The Russell 2000 index surged last week as investors shifted their focus from large-cap technology stocks to smaller companies, spotlighting industrial stocks to buy now. This shift was driven by the anticipation of potential Federal Reserve rate cuts, which investors believe could more significantly benefit these smaller firms.The move was catalyzed by a soft Consumer Price Index (CPI) report, which has fueled expectations that the Federal Reserve may lower interest rates in response. The rise in the Russe ...