Caterpillar Reports Third-Quarter 2017 Results
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Caterpillar (CAT) PT Raised to $140 at Baird Following 3Q
October 25, 2017 8:42 AM EDTBaird raised its price target on Caterpillar (NYSE: CAT) to $140.00 (from $130.00) while maintaining a Neutral rating following the company's 3Q report. CAT reported adjusted EPS of $1.95, above consensus of $1.27.
2017 guidance was raised, given recent dealer inventory dynamics 4Q appears to have upside. CAT expects 2017... More
Caterpillar (CAT) Tops Q3 EPS by 68c
October 24, 2017 7:33 AM EDTCaterpillar (NYSE: CAT) reported Q3 EPS of $1.95, $0.68 better than the analyst estimate of $1.27. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $10.63 billion.
"Higher sales volume and our team's focus on cost discipline resulted in improved profit margins across... More
