Core Insights - Caterpillar Inc. reported a decrease in sales and revenues for both the fourth quarter and full year of 2024 compared to 2023, with fourth-quarter sales at $16.2 billion, down 5% from $17.1 billion, and full-year sales at $64.8 billion, down 3% from $67.1 billion [2][3][4] Financial Performance - Fourth-quarter profit per share increased to $5.78 from $5.28 in the same quarter of 2023, while adjusted profit per share decreased slightly to $5.14 from $5.23 [3][4] - Full-year profit per share rose to $22.05 from $20.12, and adjusted profit per share increased to $21.90 from $21.21 [4][12] - Operating profit margin for the fourth quarter was 18.0%, down from 18.4% in the previous year, while adjusted operating profit margin was 18.3%, down from 18.9% [3][16] Segment Performance - Sales in the Construction Industries segment decreased by 8% to $6.003 billion, primarily due to unfavorable price realization and lower sales volume [21][22] - Resource Industries segment sales fell by 9% to $2.962 billion, driven by lower sales volume [25][26] - Energy & Transportation segment sales remained relatively stable at $7.649 billion, with a slight decrease of $20 million, but segment profit increased by 3% to $1.477 billion [27][28] Cash Flow and Capital Allocation - The company generated an enterprise operating cash flow of $12.0 billion and ended the year with $6.9 billion in cash [6][12] - Caterpillar deployed $10.3 billion for share repurchases and dividends in 2024 [6][12] Geographic Performance - Sales in North America decreased by 14% in the Construction Industries segment, while Latin America saw a 6% increase due to higher sales volume [13][24] - EAME region sales slightly decreased, while Asia/Pacific experienced declines due to unfavorable price realization [13][24] Financial Products Segment - Financial Products segment revenues increased by 4% to $1.024 billion, while segment profit decreased by 29% to $166 million [28][30]

Caterpillar Inc. CAT will release its fourth-quarter financial results, before the opening bell, on Thursday, Jan. 30, 2025.Analysts expect the Irving, Texas-based company to report quarterly earnings at $5.03 per share, down from $5.23 per share in the year-ago period. Caterpillar projects quarterly revenue of $16.53 billion, compared to $17.07 billion a year earlier, according to data from Benzinga Pro.On Jan. 15, Caterpillar announced Chief Human Resources Officer Cheryl H. Johnson will retire April 30.C ...

Market Overview - The global market for Rough Terrain Lift Trucks (RTLT) was valued at US$61.4 Billion in 2024 and is projected to reach US$68.9 Billion by 2030, growing at a CAGR of 1.9% from 2024 to 2030 [1][11]. Market Trends & Drivers - Growth is driven by the expansion of infrastructure projects, advances in off-road mobility technologies, and the rising need for durable lifting solutions in rugged conditions [2][3]. - Technological enhancements, such as improved engine efficiency and advanced stability controls, make RTLTs suitable for various industries with demanding outdoor applications [3]. - The expansion of sectors like agriculture and oil and gas in remote areas reinforces the need for robust and versatile lift trucks, propelling market growth [3]. Segmentation - The market is segmented by product type into Telescopic Rough Terrain Lift Trucks and Masted Rough Terrain Lift Trucks [5]. - End-use applications include Industrial, Commercial, and Residential [5]. Geographic Analysis - The U.S. market is valued at $16.6 Billion in 2024, while China is forecasted to grow at an impressive 4.2% CAGR to reach $13.5 Billion by 2030 [12]. - Insights into other key regions include Japan, Canada, Germany, and the Asia-Pacific [12]. Key Insights - The Telescopic Rough Terrain Lift Trucks segment is expected to reach US$58 Billion by 2030 with a CAGR of 2.3%, while the Masted Rough Terrain Lift Trucks segment is set to grow at a 0.2% CAGR over the analysis period [12]. - The report features comprehensive market data, including annual sales and forecasts in US$ Million from 2024 to 2030 [12]. Competitive Landscape - Major players in the market include Ausa Center SLU, Caterpillar Inc., CNH Industrial America LLC (CASE Construction), and Crown Equipment Corporation [12][10].

The Industrial Products sector kicks off its fourth-quarter earnings season this week. Per the Earnings Trends report dated Jan. 22, the S&P 500 companies in the Industrial Products Sector are anticipated to witness a 6.7% year-over-year decline in fourth-quarter 2024 earnings on the back of 2.5% lower revenues. The sector is among seven of the 16 Zacks Sectors that are likely to report year-over-year declines in earnings for the quarter. Find the latest earnings estimates and surprises on Zacks Earnings Ca ...

Caterpillar Inc. (CAT) is anticipated to witness top and bottom-line declines when it reports fourth-quarter 2024 results on Jan. 30, before the opening bell.Find the latest EPS estimates and surprises on Zacks Earnings Calendar. The Zacks Consensus Estimate for CAT’s fourth-quarter 2024 earnings has moved down 0.6% over the past 60 days to $4.97 per share. The consensus mark implies a 5% dip from the year-ago actual. The Zacks Consensus Estimate for revenues is pegged at $16.64 billion, suggesting a 2.5% y ...

Group 1 - Caterpillar (CAT) closed at $407.63, reflecting a +0.3% increase from the previous day, outperforming the S&P 500's loss of 0.29% [1] - Over the past month, Caterpillar's shares gained 10.7%, surpassing the Industrial Products sector's gain of 5.98% and the S&P 500's gain of 2.52% [1] Group 2 - The upcoming earnings report for Caterpillar is scheduled for January 30, 2025, with expected earnings of $5 per share, indicating a year-over-year decline of 4.4% [2] - The Zacks Consensus Estimate projects net sales of $16.64 billion, down 2.51% from the previous year [2] Group 3 - Recent revisions to analyst forecasts for Caterpillar are important as they reflect short-term business trends and analysts' confidence in the company's performance [3] - The Zacks Rank system, which incorporates estimate changes, has a strong track record, with 1 stocks averaging a +25% annual return since 1988 [4][5] Group 4 - Caterpillar's current Forward P/E ratio is 18.78, which is a premium compared to the industry's average Forward P/E of 11.23 [6] - The company has a PEG ratio of 2.01, while the Manufacturing - Construction and Mining industry has an average PEG ratio of 4.52 [6] Group 5 - The Manufacturing - Construction and Mining industry, part of the Industrial Products sector, holds a Zacks Industry Rank of 234, placing it in the bottom 7% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]

Caterpillar (CAT) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on January 30. ...

RED CAT INVESTIGATION: Red Cat Holdings Shares Decline Following Report by Kerrisdale Capital; Investors Encouraged to Contact Block & Leviton to Potentially Recover Losses ...

Financial Results Announcement - Caterpillar Inc will release its fourth-quarter and full-year 2024 financial results on January 30, 2025, at 5:30 am CST [1] - The financial results will be available on the company's investor website and PR Newswire, and will be filed with the SEC via Form 8-K [1] Conference Call and Webcast Details - A real-time, listen-only teleconference and webcast of the quarterly results call will begin at 7:30 am CST on January 30, 2025 [2] - Supporting materials for the webcast will be available on the company's investor website before the event [2] - The conference call can be accessed by telephone from both domestic and international locations, with a provided conference ID [3] - The call can also be accessed in real-time on the company's investor website, and a transcript will be available after the webcast [3] - A replay of the webcast will be available shortly after the live event, but a telephone replay will not be offered [4] Company Overview - Caterpillar Inc is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines, and diesel-electric locomotives [5] - The company reported 2023 sales and revenues of $67.1 billion [5] - Caterpillar operates through three primary segments: Construction Industries, Resource Industries, and Energy & Transportation, and provides financing and related services through its Financial Products segment [5] - The company has been in business for nearly 100 years and is committed to building a more sustainable world and contributing to a reduced-carbon future [5]

IRVING, Texas, Jan. 15, 2025 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) today announced Chief Human Resources Officer Cheryl H. Johnson will retire April 30 following an impactful seven-year career at the company."Cheryl's leadership and vision have transformed the Caterpillar HR function to align with the company's business strategy, sharpened our focus on talent development and cultivated a culture of continuous improvement," said Caterpillar Chairman and CEO Jim Umpleby. "On behalf of the entire Caterp ...