Caterpillar Inc. (CAT)
Analysts Divided On Caterpillar's Outlook Amid Pricing Pullback And Market Volatility - Details
BofA Securities analyst Michael Feniger cut the price forecast on Caterpillar, Inc. CAT from $452 to $414 while retaining a Buy rating.
Caterpillar: Q4 Earnings Report Confirms Negative Macroeconomic Outlook, Indicating Margin Contraction
Higher interest rates and reduced construction lending threaten Caterpillar's recent strong performance, potentially leading to overvaluation and declining sales and profit margins. Analysts' expectations for Caterpillar's EPS and revenue growth are overly optimistic. They overlook temporary high-profit margins and the lack of necessary infrastructure planning. High inventory levels and a slowing construction demand outlook suggest that Caterpillar's sales and profit margins will significantly slow in the coming years.
Why Caterpillar Stock Slumped 5% Today
Shares of Caterpillar (CAT -4.04%) slumped a little over 5% Thursday morning and were still trading around 4.8% lower as of 12:30 p.m. ET.
CAT Q4 Earnings Beat, Revenues Lag Estimates on Weak Volumes
Caterpillar's 2024 revenues decline 3% year over year to $64.8 billion. The company projects 2025 revenues to be even lower.
Caterpillar Has Potential For Multiple Expansion Post Earnings, Goldman Sachs Says
Goldman Sachs analyst Jerry Revich, maintaining a Buy rating and $442 price forecast, expressed views on Caterpillar, Inc.'s CAT mixed fourth quarter FY24 results reported today.
Caterpillar Stock Slides After Revenue Misses Projections
Caterpillar (CAT) shares dropped after the company's fourth-quarter revenue fell short of expectations before the opening bell Thursday.
Caterpillar (CAT) Q4 2024 Earnings Call Transcript
Caterpillar Inc. (NYSE:CAT ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Jim Umpleby - Chairman, Chief Executive Officer Andrew Bonfield - Chief Financial Officer Alex Kapper - Vice President, Investor Relations Conference Call Participants Steven Volkmann - Jefferies Michael Feniger - Bank of America Rob Wertheimer - Melius Research David Raso - Evercore ISI Jerry Revich - Goldman Sachs Chad Dillard - Bernstein Jamie Cook - Truist Securities Mig Dobre - Baird Tami Zakaria - JP Morgan Tim Thein - Raymond James Angel Castillo - Morgan Stanley Kristen Owen - Oppenheimer Steven Fisher - UBS Kyle Mendes - Citi Operator Welcome to the fourth quarter 2024 Caterpillar earnings conference call. Please be advised that today's conference is being recorded.
Caterpillar (CAT) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Caterpillar (CAT) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Caterpillar Beats EPS, Misses on Revenue
Caterpillar (CAT -4.53%), a global leader in construction and mining equipment manufacturing, reported mixed fourth-quarter 2024 earnings on Thursday, Jan. 30. While adjusted earnings per share (EPS) of $5.14 beat analysts' consensus expectations of $5.02, the company faced challenges as revenue of $16.2 billion fell short of the forecasted $16.61 billion.
Caterpillar (CAT) Q4 Earnings Surpass Estimates
Caterpillar (CAT) came out with quarterly earnings of $5.14 per share, beating the Zacks Consensus Estimate of $4.97 per share. This compares to earnings of $5.23 per share a year ago.
Caterpillar misses on revenue again, warns of a decline in 2025
Caterpillar's stock falls after streak of revenue misses was extended, and the full-year outlook was for a surprise decline.
Caterpillar Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Caterpillar Inc. CAT will release its fourth-quarter financial results, before the opening bell, on Thursday, Jan. 30, 2025.
