Exploring Analyst Estimates for Caterpillar (CAT) Q3 Earnings, Beyond Revenue and EPS

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 ...