Caterpillar, Inc. (CAT) Misses Q2 EPS by 26c; Cuts FY13 Outlook

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BMO Capital Downgrades Caterpillar (CAT) to Market Perform

July 25, 2013 6:41 AM EDT

BMO Capital downgraded Caterpillar (NYSE: CAT) from Outperform to Market Perform with a price target of $86.00 (from $96.00).

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Shares of Caterpillar closed at $83.44 yesterday, with a 52 week range of $79.49-$99.70.... More

Caterpillar (CAT) Results Negative for Other Mining Stocks (JOY)

July 24, 2013 10:51 AM EDT

On Tuesday morning Caterpillar, Inc. (NYSE: CAT) reported Q2 EPS of $1.45, $0.26 worse than the analyst estimate of $1.71. Revenue for the quarter came in at $14.62 billion versus the consensus estimate of $15.03 billion. Looking ahead, Caterpillar sees FY13 EPS of $6.50, versus prior guidance of $7 and the consensus of $6.84. The Company also sees FY13 revenue of $56... More