Caterpillar(CAT)

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Caterpillar (CAT) Lags Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-30 12:41
Caterpillar (CAT) came out with quarterly earnings of $5.17 per share, missing the Zacks Consensus Estimate of $5.33 per share. This compares to earnings of $5.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3%. A quarter ago, it was expected that this construction equipment company would post earnings of $5.53 per share when it actually produced earnings of $5.99, delivering a surprise of 8.32%.Over the last four quarters ...
Caterpillar(CAT) - 2024 Q3 - Earnings Call Presentation
2024-10-30 12:23
| --- | --- | --- | |------------------------------------------------------|-------|-------| | | | | | | | | | Third Quarter 2024 Financial Review October 30, 2024 | | | | | | | 3Q 2024 EARNINGS RELEASE 2 Caterpillar: Confidential Yellow Forward-Looking Statements Certain statements in this financial review relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "estimate," "will be," "wi ...
Caterpillar(CAT) - 2024 Q3 - Quarterly Results
2024-10-30 10:33
Corporate Governance - Caterpillar Inc. appointed Nazzic Keene as a new independent director effective November 1, 2024[2] - Ms. Keene will also serve on the Nominating & Governance Committee and Compensation & Human Resources Committee[2] - Compensation for Ms. Keene will align with the standard agreement for non-employee directors as per the latest proxy statement[2]
Caterpillar Reports Third-Quarter 2024 Results
Prnewswire· 2024-10-30 10:30
Third-quarter 2024 profit per share of $5.06; adjusted profit per share of $5.17 Enterprise operating cash flow was $3.6 billion in the third quarter of 2024 Deployed $1.5 billion of cash for share repurchases and dividends in the third quarter Third Quarter ($ in billions except profit per share) 2024 2023 Sales and Revenues $16.1 $16.8 Profit Per Share $5.06 $5.45 Adjusted Profit Per Share $5.17 $5.52 Please see a reconciliation of GAAP to non-GAAP financial measu ...
Should You Pick Caterpillar Stock Ahead Of Q3?
Forbes· 2024-10-28 17:32
Close-up of CAT (Caterpillar Inc) logo on construction equipment, Lafayette, California, August 20, ... [+] 2024. (Photo by Smith Collection/Gado/Getty Images) Gado via Getty Images Caterpillar (NYSE: CAT) will report its Q3 2024 results on Tuesday, October 29. We expect the company's revenues to come in at $16.2 billion and adjusted earnings of $5.36 per share, broadly aligning with the consensus estimates. The company should see a decline in sales amid lower dealer inventory levels and overall weakness in ...
How Should You Play the CAT Stock Ahead of Q3 Earnings Release?
ZACKS· 2024-10-25 16:50
Caterpillar Inc. (CAT) is anticipated to record top and bottom-line declines when it reports third-quarter 2024 results on Oct. 30, before the opening bell. The Zacks Consensus Estimate for third-quarter 2024 earnings has moved down 0.6% over the past 60 days to $5.33 per share. The consensus mark implies a 3.4% dip from the year-ago actual. The Zacks Consensus Estimate for revenues is pegged at $16.35 billion, suggesting a 2.7% year-over-year decline. | --- | --- | --- | --- | --- | |---------------------- ...
Exploring Analyst Estimates for Caterpillar (CAT) Q3 Earnings, Beyond Revenue and EPS
ZACKS· 2024-10-25 14:20
Wall Street analysts expect Caterpillar (CAT) to post quarterly earnings of $5.33 per share in its upcoming report, which indicates a year-over-year decline of 3.4%. Revenues are expected to be $16.35 billion, down 2.7% from the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.2% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Prior to a company's earnings ...
Caterpillar: 4 Major CATalysts
Seeking Alpha· 2024-10-23 14:35
Caterpillar (NYSE: CAT ) broke to new all-time highs in late September in a strong rally with 4 major catalysts. This article looks at these drivers and what they could mean for the outlook for next year. My approach is long-term and I focus on investing in macro ideas through low risk ETFs and CEFs. I have traded stocks and currencies for nearly ten years and currently run a family fund with my partner and fellow SA contributor Andrew McElroy. I also invest in real estate and am a freelance writer and cont ...
Is Trending Stock Caterpillar Inc. (CAT) a Buy Now?
ZACKS· 2024-10-22 14:06
Caterpillar (CAT) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this construction equipment company have returned +5.2%, compared to the Zacks S&P 500 composite's +2.8% change. During this period, the Zacks Manufacturing - Construction and Mining industry, which Caterpillar falls in, has gained 5.8%. The key question now is: What could be the sto ...
Ex-Dividend Reminder: Caterpillar, Graco And Costamare
Forbes· 2024-10-17 15:37
On 10/21/24, Caterpillar, Graco and Costamare will all trade ex-dividend for their respective upcoming dividends. Caterpillar will pay its quarterly dividend of $1.41 on 11/20/24, Graco will pay its quarterly dividend of $0.255 on 11/6/24, and Costamare will pay its quarterly dividend of $0.115 on 11/6/24. Start slideshow: 10 Stocks Where Yields Got More Juicy » As a percentage of CAT's recent stock price of $393.62, this dividend works out to approximately 0.36%, so look for shares of Caterpillar Inc. to t ...