Caterpillar Inc. (CAT)
The 7 Best Stocks to Buy in August 2024
Markets are in turmoil as the selloff in mega-cap technology stocks that began in July accelerates. On Aug. 5, the mega-cap tech companies known as the “Magnificent Seven,” generally considered among the best stocks to buy, lost a combined $1 trillion of value amid a global stock market rout.
Why Caterpillar Stock Edged Past the Market Today
Several analysts upped their price targets on the shares. The heavy machinery specialist is winning praise for its ability to earn a profit in challenging circumstances.
Caterpillar Is 'Holding The Line' On Earnings, Despite Macro Slowdown: Analyst Takeaways From Q2 Results
Caterpillar Inc. CAT shares are climbing on Wednesday, after the company reported strong second-quarter results.
S&P 500 Surges Over 2%; Caterpillar Earnings Beat Estimates
U.S. stocks traded higher toward the end of trading, with the S&P 500 gaining more than 2% on Tuesday.
Caterpillar To See Margin Gains As Inventory Levels Normalize: Goldman Sachs
Caterpillar, Inc. CAT shares are trading higher today after the company reported second-quarter FY24 results. Goldman Sachs analyst Jerry Revich maintained a Buy rating with a price target of $408.
Here's Why Caterpillar Stock Is Outperforming Today
Management lowered its full-year sales guidance but increased profit guidance. The company's end markets are slowing, but Caterpillar's higher margin performance appears to be sticky.
Caterpillar (CAT) Q2 Earnings Top Estimates on Favorable Pricing
Caterpillar's (CAT) second-quarter 2024 earnings improve year over year, buoyed by the upbeat performance of the Energy & Transportation segment, offsetting weaker performance in other segments.
Caterpillar Inc. (CAT) Q2 2024 Earnings Call Transcript
Caterpillar Inc. (NYSE:CAT ) Q2 2024 Earnings Conference Call August 6, 2024 8:30 AM ET Company Participants Ryan Fiedler - Vice President of Investor Relations James Umpleby - Chairman and Chief Executive Officer Andrew Bonfield - Chief Financial Officer Conference Call Participants Chad Dillard - Bernstein Jamie Cook - Truist Securities Stephen Volkmann - Jefferies Robert Wertheimer - Melius Research David Raso - Evercore ISI Michael Feniger - Bank of America Jerry Revich - Goldman Sachs Tami Zakaria - JP Morgan Mircea Dobre - Baird Kyle Menges - Citi Steven Fisher - UBS Angel Castillo - Morgan Stanley Timothy Thein - Raymond James Nicole DeBlase - Deutsche Bank Operator Welcome to the Second Quarter 2024 Caterpillar Earnings Conference Call. Please be advised that today's conference is being recorded.
Caterpillar (CAT) Reports Q2 Earnings: What Key Metrics Have to Say
The headline numbers for Caterpillar (CAT) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Caterpillar Stock Draws in Bears Despite Earnings Win
Caterpillar Inc. (NYSE:CAT) stock is up 3.2% to trade at $326.79 at last check, after the blue chip reported better-than-expected earnings and revenue for the second quarter.
Caterpillar: The Rebound Is On, New Highs In Sight
Caterpillar's NYSE: CAT stock price was not immune to the threat of recession, but its Q2 results disprove the idea that the global economy is on the brink now. The report highlights outperformance on the top and bottom lines driven by sequential improvements in all segments and regions.
Caterpillar delivers profit beat despite sluggish sales
Caterpillar Inc (NYSE:CAT, ETR:CAT1) has reported higher than expected second quarter profit despite a slip in sales. Adjusted per share profit came in at $5.99, Caterpillar reported on Tuesday, against $5.55 last year and above consensus expectations for $5.54.
