Caterpillar (CAT) Buyback to Exceed $750M if Shares Are Undervalued - Bloomberg, Citing Comments on Call

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Caterpillar (CAT) PT Lowered to $183 at Credit Suisse

October 24, 2018 8:56 AM EDT

Credit Suisse analyst Jamie Cook lowered the price target on Caterpillar (NYSE: CAT) to $183.00 (from $210.00) while maintaining an Outperform rating following results.

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Caterpillar (CAT) PT Lowered to $142 at RBC Capital

October 24, 2018 6:57 AM EDT

RBC Capital analyst Seth Weber lowered the price target on Caterpillar (NYSE: CAT) to $142.00 (from $166.00) while maintaining a Sector Perform rating.

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Caterpillar (CAT) CEO says many end markets in early stages of recovery

October 23, 2018 11:13 AM EDT

On call, Caterpillar (NYSE: CAT) CEO says many end markets in early stages of recovery

"Many of our end markets are in the early stages of recovery, while others are experiencing robust demand. We feel good about the state of our business," he said.

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Caterpillar tries to allay earnings concerns after shares tank

October 23, 2018 8:24 AM EDT

By Rajesh Kumar Singh

CHICAGO (Reuters) - Caterpillar Inc (NYSE: CAT) tried on Tuesday to ease mounting concerns about China and global demand after it affirmed its 2018 profit estimate, a move that investors feared signaled a cap in earnings growth and sparked a sell-off in its shares.

The Deerfield, Illinois-based company has boosted the full-year profit outlook twice in the first two quarters of this year. That had built hopes of yet another upgrade. But the company retained its 2018 adjusted profit forecast of $11.00 to $12.00 per share, saying nothing material had changed since... More

Caterpillar (CAT) Tops Q3 EPS by 3c

October 23, 2018 7:31 AM EDT

Caterpillar (NYSE: CAT) reported Q3 EPS of $2.86, $0.03 better than the analyst estimate of $2.83. Revenue for the quarter came in at $13.5 million versus the consensus estimate of $13.18 million.

GUIDANCE:

Caterpillar sees FY2018 EPS of $11.00-$12.00, versus the consensus of $11.66.

Profit per... More