IRVING, Texas, April 29, 2024 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT – Euronext Paris: CATR) (the "Company" or "Caterpillar") today announced that, following a comprehensive review of the significantly low trading volume, costs and administrative requirements related to the listing of its common stock (ISIN US1491231015) on exchanges other than the New York Stock Exchange ("NYSE"), it requested the voluntary delisting of its shares from the regulated market of Euronext in Paris ("Euronext Paris"). This ...

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Key PointsKinder Morgan, Shell and Caterpillar have had unusual call option activity recently, which could mean they are about to make a run higher. These companies are tied to the same fundamental macro trend in the U.S. economy, boosting the odds of these traders being right. Wall Street analysts agree that price targets and institutional ownership should be safety checks.5 stocks we like better than CaterpillarBuying options is a way to increase the leverage on a trade, as it takes an investor less out-o ...

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Group 1: Caterpillar Inc. (NYSE:CAT) - Caterpillar's stock is down 6.4% at $340.21 after missing first-quarter revenue estimates and issuing a weak current-quarter forecast [1] - The stock fell to its lowest level since early February and is at risk of closing below the 60-day moving average for the first time since December [1] - Despite the decline, Caterpillar remains up 15.1% year-to-date [1] - Options trading is active, with 17,000 calls and 20,000 puts traded, which is double the intraday average volume [1] - The most popular option is the weekly 4/26 325-strike put, expiring at the close tomorrow [1] Group 2: Merck & Co Inc (NYSE:MRK) - Merck's stock is up 3.3% at $131.18 after exceeding top- and bottom-line expectations for the first quarter [2] - The company raised its annual profit and revenue forecast, contributing to positive market sentiment [2] - Merck's stock is close to its record high of $133.08 set on March 27 and has a year-to-date gain of 20.2% [2] - The equity has a Schaeffer's put/call open interest ratio (SOIR) of 0.55, indicating that short-term options traders are leaning bullish [2]

For the quarter ended March 2024, Caterpillar (CAT) reported revenue of $15.8 billion, down 0.4% over the same period last year. EPS came in at $5.60, compared to $4.91 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $16.07 billion, representing a surprise of -1.69%. The company delivered an EPS surprise of +9.38%, with the consensus EPS estimate being $5.12.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...

Caterpillar Inc. (NYSE:CAT) Q1 2024 Earnings Conference Call April 25, 2024 8:30 AM ET Company Participants Jim Umpleby - Chairman and Chief Executive Officer Andrew Bonfield - Chief Financial Officer Kyle Epley - Senior Vice President of the Global Finance Services Division Rob Rengel - Senior Director of IR Ryan Fiedler - Vice President of Investor Relations Conference Call Participants Tami Zakaria - JP Morgan Michael Feniger - Bank of America Jamie Cook - Truist Securities David Raso - Evercore ISI ...

Key TakeawaysCaterpillar stock dropped Thursday as weak sales offset an earnings beat in the company's first-quarter results.The construction equipment and engine manufacturer saw sales decline slightly compared with the first quarter of 2023, which was mostly offset by higher prices.International sales suffered, with sales for some categories falling as much as 25% year-over-year in some regions. Caterpillar (CAT) shares fell sharply in intraday trading Thursday as lower-than-expected sales offset a strong ...

Caterpillar Inc. (CAT) reported first-quarter 2024 adjusted earnings per share of a record $5.60, which beat the Zacks Consensus Estimate of $5.12 by a margin of 9%. The bottom-line figure marked a 14% year-over-year improvement.Favorable price realization and manufacturing costs, largely reflecting lower freight and improved performance in the Energy & Transportation segment, mainly led to the improvement in CAT’s earnings for the quarter. Both the Construction Industries and Resource Industries segments e ...

Caterpillar (CAT) came out with quarterly earnings of $5.60 per share, beating the Zacks Consensus Estimate of $5.12 per share. This compares to earnings of $4.91 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.38%. A quarter ago, it was expected that this construction equipment company would post earnings of $4.76 per share when it actually produced earnings of $5.23, delivering a surprise of 9.87%.Over the last four quarte ...