In just a few months Americans will elect the next president of the United States. As it stands today, Vice President Kamala Harris is polling slightly ahead of Former President Donald Trump with a slim 1% lead.
Cat reports quarterly earnings Tuesday morning. Wall Street is looking for earnings per share of $5.54 from sales of $16.8 billion.
Caterpillar Inc. CAT is expected to release earnings results for its second quarter, before the opening bell on Tuesday, Aug. 6.
Caterpillar (NYSE: CAT) will report its Q2 2024 results on Tuesday, August 6. We expect the company's revenues to come in at $16.8 billion and adjusted earnings of $5.56 per share, both slightly above the consensus estimates.
Caterpillar stock is a top pick on my watch list, but I haven't purchased it yet. Many of Caterpillar's peers are painting a picture concerning investors. Caterpillar's Q2 report is delicate and could lead to high volatility if the company fails to meet high expectations.
It is no secret that the crumbling and outdated U.S. infrastructure needs an upgrade. Finally, after years of inaction, the federal government has taken measures to address this issue.
The U.S. desperately needs better infrastructure, which, if addressed soon, could create a massive boom in infrastructure stocks. Right now, we're in bad shape.
Caterpillar's (CAT) Q2 results are likely to reflect the impacts of a y/y decline in volumes, which is expected to have been partially offset by favorable price realization and manufacturing costs.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Caterpillar (CAT), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
If all the major news agencies have their fingers on the pulse of monetary policy, it's coming – interest rate cuts, that is. According to The Wall Street Journal, Federal Reserve officials will meet soon to discuss a potential September reduction in the benchmark interest rate.
Caterpillar (CAT) reachead $341.72 at the closing of the latest trading day, reflecting a -0.82% change compared to its last close.
Caterpillar (CAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.