Should You Buy, Hold or Sell Caterpillar Stock After Q3 Earnings?
Caterpillar(CAT) ZACKS·2024-11-04 19:41
Caterpillar Inc. (CAT) recently reported year-over-year declines in its top and bottom lines for the third quarter of 2024, which lagged the Zacks Consensus Estimates. This ended CAT's stint of improved earnings for 14 straight quarters, which showed the company's resilience through challenges during these quarters, including the pandemic, supply-chain disruptions and slowdown in manufacturing. Caterpillar expects 2024 revenue to be below its August forecast, which said that full-year revenues would be "sli ...