Caterpillar: A Good Business At An Awful Price

MikeyGen73 Growth prospects The chart below shows how uninspiring Caterpillar's (NYSE:CAT) earnings growth is in the next 3 years according to analysts' expectations. As seen, its EPS is projected to grow at a compound annual growth rate ("CAGR") of 3.3% between FY 2024 and FY 2026. This translates to an EPS of $21.2 in 2024 to 23.36 in 2026. Then in 2027, a sizable decline is expected to bring its EPS back to $17.16. Seeking Alpha I may not completely share the above consensus view (my growth projections a ...