Caterpillar Reports Third-Quarter 2022 Results
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Caterpillar (CAT) More Balanced Following Margin Rebound - UBS
October 31, 2022 3:50 PM EDTUBS analyst Steven Fisher downgraded Caterpillar (NYSE: CAT) to Neutral from Buy, raising the price target to $230 from $225.
The analyst explained that UBS views the company's risk-reward as more balanced following the margin rebound.
"Our thesis on positive margin inflection is playing out," said Fisher, who added that they continue to see a positive... More
Caterpillar (CAT) CEO says demand for construction equipment 'quite robust' - Bloomberg
October 27, 2022 9:26 AM EDTCaterpillar (NYSE: CAT) CEO says demand for construction equipment 'quite robust' - Bloomberg
... MoreCaterpillar (CAT) Tops Q3 EPS by 78c, Revenues Beat
October 27, 2022 6:35 AM EDTCaterpillar (NYSE: CAT) reported Q3 EPS of $3.95, $0.78 better than the analyst estimate of $3.17. Revenue for the quarter came in at $15 billion versus the consensus estimate of $14.15 billion.
For earnings history and earnings-related data on Caterpillar (CAT) click here.
... More