Caterpillar Reports Fourth-Quarter and Full-Year 2017 Results; Provides Outlook for 2018
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Caterpillar (CAT) PT Raised to $192 at BofA/Merrill Lynch
January 26, 2018 8:33 AM ESTBofA/Merrill Lynch raised its price target on Caterpillar (NYSE: CAT) to $192.00 (from $189.00) while maintaining a Buy rating following the company's 4Q earnings report. While investor expectations are high and the stock has had a strong run, analyst Ross Gilardi believes... More
Caterpillar (CAT) Tops Q4 EPS by 37c; Guides Above Street
January 25, 2018 7:31 AM EST(Updated - January 25, 2018 7:33 AM EST)
Caterpillar (NYSE: CAT) reported Q4 EPS of $2.16, $0.37 better than the analyst estimate of $1.79. Revenue for the quarter came in at $12.9 billion versus the consensus estimate of $11.98 billion.
Fourth-quarter sales and revenues up 35 percentBroad-based sales recovery gained... More