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 ...

Investors are always looking to beat the market, searching for stocks that deliver consistent long-term gains. And perhaps to the surprise of some, many non-tech stocks have delivered outsized gains over the last decade.Several factors contribute to long-term outperformance, including consistent sales growth, margin expansion, efficient capital deployment, and innovation.Three stocks – Caterpillar (CAT) , Domino’s Pizza (DPZ) , and Cintas (CTAS) – have all outperformed the S&P 500 over the last decade, all ...

Earnings season hasn't quite kicked in, but this duo couldn't wait to boost their payouts.We're about to swing into earnings season, and as in any earnings season, we'll see dividend raises from a clutch of familiar (and not so familiar) companies.Indeed, the hikes have already started. Delta Air Lines (DAL -3.04%), which just unveiled its latest set of quarterly results, recently announced a monster dividend raise, while a more modest one was declared by heavy machinery stalwart Caterpillar (CAT 1.35%).1. ...

The latest trading session saw Caterpillar (CAT) ending at $328.48, denoting a +0.74% adjustment from its last day's close. The stock lagged the S&P 500's daily gain of 1.02%. Meanwhile, the Dow gained 1.09%, and the Nasdaq, a tech-heavy index, added 1.18%.Shares of the construction equipment company have depreciated by 0.38% over the course of the past month, outperforming the Industrial Products sector's loss of 2.29% and lagging the S&P 500's gain of 4.44%.The investment community will be closely monitor ...