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Caterpillar Reports Third-Quarter 2025 Results
Prnewswire· 2025-10-29 10:30
Core Insights - Caterpillar Inc. reported third-quarter 2025 results with sales and revenues of $17.6 billion, a 10% increase from $16.1 billion in the same quarter of 2024, primarily driven by higher sales volume of equipment to end users [2][6][9]. Financial Performance - Profit per share for the third quarter of 2025 was $4.88, down from $5.06 in the third quarter of 2024. Adjusted profit per share was $4.95, compared to $5.17 in the prior year [3][9]. - Operating profit margin decreased to 17.3% in the third quarter of 2025 from 19.5% in the same quarter of 2024. Adjusted operating profit margin was 17.5%, down from 20.0% [3][9]. - Enterprise operating cash flow was $3.7 billion, with $7.5 billion in cash at the end of the quarter. The company deployed $0.7 billion for dividends and $0.4 billion for stock repurchases [4][9]. Segment Performance - **Construction Industries**: Sales increased to $6.760 billion, a 7% rise from $6.345 billion in the previous year, driven by higher sales volume [17][18]. - **Resource Industries**: Total sales were $3.110 billion, a 2% increase from $3.048 billion, primarily due to higher sales volume [19][21]. - **Energy & Transportation**: Sales rose to $8.397 billion, a 17% increase from $7.187 billion, mainly due to higher sales volume and inter-segment sales [20][21]. Geographic Performance - Sales in North America increased by 8%, while Latin America saw a slight decline of 1%. EAME and Asia/Pacific regions experienced sales increases of 6% and 3%, respectively [20][21]. Corporate Items and Financial Products - Corporate items and eliminations expenses rose to $584 million, an increase of $127 million from the previous year, mainly due to higher corporate costs [24]. - Financial Products segment revenues increased to $1.076 billion, a 4% rise compared to $1.034 billion in the third quarter of 2024, driven by higher average earning assets [22][23].
Caterpillar Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts - Caterpillar (NYSE:CAT)
Benzinga· 2025-10-29 07:34
Earnings Report - Caterpillar Inc. is set to release its third-quarter earnings results on October 29, with analysts expecting earnings of $4.52 per share, a decrease from $5.17 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $16.77 billion, an increase from $16.11 billion a year earlier [1] Acquisition Deal - On October 12, Caterpillar entered into a Scheme Implementation Deed to acquire 100% of RPMGlobal Holdings Limited for an equity value of 1.12 billion Australian dollars (approximately $733 million) [2] - Following the announcement, Caterpillar's shares fell by 0.5%, closing at $524.47 [2] Analyst Ratings - JP Morgan analyst Tami Zakaria maintained an Overweight rating and raised the price target from $505 to $650 [5] - UBS analyst Steven Fisher kept a Neutral rating and increased the price target from $450 to $506 [5] - Truist Securities analyst Jamie Cook maintained a Buy rating and raised the price target from $507 to $582 [5] - Citigroup analyst Kyle Menges maintained a Buy rating and increased the price target from $500 to $540 [5] - Baird analyst Mircea Dobre maintained an Outperform rating and raised the price target from $495 to $540 [5]
Caterpillar Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Benzinga· 2025-10-29 07:34
Earnings Report - Caterpillar Inc. is set to release its third-quarter earnings results on October 29, with expected earnings of $4.52 per share, a decrease from $5.17 per share in the same period last year [1] - The consensus estimate for quarterly revenue is $16.77 billion, an increase from $16.11 billion a year earlier [1] Acquisition Deal - On October 12, Caterpillar entered into a Scheme Implementation Deed to acquire 100% of RPMGlobal Holdings Limited for an equity value of 1.12 billion Australian dollars (approximately $733 million) [2] - Following the announcement, Caterpillar's shares fell by 0.5%, closing at $524.47 [2] Analyst Ratings - JP Morgan analyst Tami Zakaria maintained an Overweight rating and raised the price target from $505 to $650 [5] - UBS analyst Steven Fisher kept a Neutral rating and increased the price target from $450 to $506 [5] - Truist Securities analyst Jamie Cook maintained a Buy rating and raised the price target from $507 to $582 [5] - Citigroup analyst Kyle Menges maintained a Buy rating and increased the price target from $500 to $540 [5] - Baird analyst Mircea Dobre maintained an Outperform rating and raised the price target from $495 to $540 [5]
Caterpillar Q3 earnings preview: Sales and tariff headwinds in focus (CAT:NYSE)
Seeking Alpha· 2025-10-28 14:49
Core Viewpoint - Caterpillar is expected to announce its third quarter earnings, with a focus on sales performance amid tariff challenges and macroeconomic uncertainty [2] Company Summary - Caterpillar is a leading manufacturer in the construction and mining equipment sector [2] - The market anticipates that the company will report earnings per share (EPS) for the third quarter [2] Industry Summary - The construction and mining equipment industry is currently facing headwinds due to tariffs and broader economic uncertainties [2]
X @Investopedia
Investopedia· 2025-10-28 14:30
The company famous for its construction equipment has been bid up amid accelerating AI data center demand. https://t.co/1psVlEo3YN ...
CSE Bulletin: New Listing - CAT Strategic Metals Corporation 21NOV2025 Rights (CAT.RT)
Newsfile· 2025-10-27 19:57
Core Points - CAT Strategic Metals Corporation has announced a Rights Offering for eligible shareholders, allowing them to purchase Units at a subscription price of $0.0075 per Unit [1][3] - Each Unit consists of one Common Share and one Common Share purchase warrant, with the warrant allowing the purchase of an additional Common Share at an exercise price of $0.05 for 60 months [1][3] - The Rights will begin trading on October 28, 2025, under the symbol CAT.RT, and will expire on November 21, 2025, at 4:00 p.m. Pacific Time [2][4] Summary by Sections - **Rights Offering Details** - Eligible shareholders can purchase one Unit for each Right exercised at a price of $0.0075 [1][3] - Each Unit includes one Common Share and one warrant for an additional Common Share at $0.05 [1][3] - No fractional Units will be issued [1][3] - **Trading Information** - Rights will start trading on October 28, 2025, under the symbol CAT.RT [2][4] - The trading of Rights will be halted at noon on November 21, 2025, before the expiration at 4:00 p.m. [2][4] - **Key Dates** - Record Date: October 28, 2025 [5] - Expiry Date: November 21, 2025 [5]
CAT to Report Q3 Earnings: Can Volume Recovery Offset Tariff Woes?
ZACKS· 2025-10-27 16:15
Core Insights - Caterpillar Inc. (CAT) is expected to report lower year-over-year earnings despite modest revenue growth due to higher costs from tariff-related pressures [1][6] - The Zacks Consensus Estimate for third-quarter revenues is $16.75 billion, reflecting a 3.98% year-over-year increase, while earnings are projected to decline by 12.6% to $4.52 per share [2][6] Revenue and Earnings Projections - Revenues are projected to rise 3.98% to $16.75 billion, supported by volume gains across segments [2][6] - The consensus estimate for earnings has decreased by 2.59% over the past 60 days, indicating a decline from the previous year [2] Earnings Surprise History - Caterpillar's earnings have outpaced the Zacks Consensus Estimates in one of the last four quarters, with an average surprise of -1.01% [3][4] Segment Performance Expectations - Resource Industries segment expected external sales of $2.95 billion, a 0.4% year-over-year increase, with a projected operating profit of $615.7 million [11] - Construction Industries segment projected external sales of $6.72 billion, indicating a 6.4% growth, with an operating profit of $1.55 billion [12][13] - Energy and Transportation segment expected external sales of $6.1 billion, suggesting a 1.7% rise, with an operating profit of $1.53 billion [14][15] Cost and Margin Analysis - Tariffs are estimated to have increased costs by $500-$600 million, leading to a projected operating margin of 15.8%, down from 20% in the same quarter last year [6][10] - Adjusted operating income is expected to decrease by 19% year-over-year to $2.62 billion [10] Market Context - The manufacturing sector remained in contraction through Q3 2025, with the Institute for Supply Management's manufacturing index below 50% for most months [7] - Caterpillar's backlog stood at $37.5 billion at the beginning of Q3 2025, which, along with higher aftermarket parts and service revenues, is expected to support top-line growth [8]
Microsoft may report best quarter of the hyperscalers again, says Jim Cramer
CNBC Television· 2025-10-25 00:07
Hey I'm Cramer. Welcome to Mad Money. Welcome to Cramer friends I'm just trying to help make some money.My job is not just to entertain but to educate. Try to teach about what the heck is going on here. Call me one 800 743 CNBC.Tweet me at Jim Cramer. You want big, you want important, you want game changing, then you want next week. We're approaching the height of earnings season and this time the earnings are more important than ever.Other than today's consumer price index reading, which was benign. We hav ...
WEG: Powering Global Electrification With Unmatched Industrial Momentum
Seeking Alpha· 2025-10-24 22:25
Core Insights - WEG has successfully transformed from a regional motor manufacturer to a diversified energy and automation platform, positioning itself well in the global industrial sector [1] Company Overview - WEG is recognized as one of the best-positioned industrial companies worldwide, indicating strong competitive advantages and market presence [1] Industry Positioning - The company has clear visibility into long-duration themes, suggesting a strategic focus on sustainable growth and innovation within the energy and automation sectors [1]
Earnings Preview: Caterpillar (CAT) Q3 Earnings Expected to Decline
ZACKS· 2025-10-22 15:08
Core Viewpoint - The market anticipates Caterpillar (CAT) will report a year-over-year decline in earnings despite an increase in revenues for the quarter ending September 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - Caterpillar is expected to post quarterly earnings of $4.52 per share, reflecting a year-over-year decrease of 12.6%, while revenues are projected to reach $16.75 billion, a 4% increase from the previous year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 0.44% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model shows a positive Earnings ESP of +1.44% for Caterpillar, suggesting recent bullish sentiment among analysts, although the stock holds a Zacks Rank of 4, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, Caterpillar was expected to earn $4.88 per share but only achieved $4.72, resulting in a surprise of -3.28%. Over the past four quarters, the company has only beaten consensus EPS estimates once [13][14]. Conclusion - While Caterpillar may not be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [17].