Caterpillar Inc. (CAT)
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.
Caterpillar (CAT) Q2 Earnings Surpass Estimates
Caterpillar (CAT) came out with quarterly earnings of $5.99 per share, beating the Zacks Consensus Estimate of $5.53 per share. This compares to earnings of $5.55 per share a year ago.
Caterpillar Rises as Profits Beat Estimates Despite Lower Sales
Caterpillar (CAT) shares are rising in premarket trading Tuesday as the construction vehicle maker's second-quarter profits beat analysts' estimates, offsetting another quarter of revenue falling short of expectations.
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Caterpillar's stock rallies after profit beat offsets another revenue miss
Shares of Caterpillar Inc. CAT, -1.27% bounced 1.6% in premarket trading Tuesday, after the construction and mining equipment company reported second-quarter profit that beat expectations, while revenue missed again as changes in dealer inventories led to lower sales volumes. Net income fell to $2.68 billion, or $5.48 a share, from $2.92 billion, or $5.67 a share, in the same period a year ago.
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Caterpillar Earnings Are Coming. Investors Will Want To Hear About The Economy.
Cat reports quarterly earnings Tuesday morning. Wall Street is looking for earnings per share of $5.54 from sales of $16.8 billion.
How To Earn $500 A Month From Caterpillar Stock Ahead Of Q2 Earnings
Caterpillar Inc. CAT is expected to release earnings results for its second quarter, before the opening bell on Tuesday, Aug. 6.
What To Expect From Caterpillar's Q2?
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.
