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.
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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.
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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.
Caterpillar (CAT) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
With multiple interest rate cuts on the horizon, now's the time to rotate back into infrastructure stocks. Low borrowing costs following rate reductions foster a positive financial landscape for funding expansive infrastructure projects.
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