Caterpillar (CAT) Results Negative for Other Mining Stocks (JOY)
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/13/2026
Go back to Caterpillar (CAT) Results Negative for Other Mining Stocks (JOY)
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).
For an analyst ratings summary and ratings history on Caterpillar click here. For more ratings news on Caterpillar click here.
Shares of Caterpillar closed at $83.44 yesterday, with a 52 week range of $79.49-$99.70.... More
July 24, 2013 7:31 AM EDT
(Updated - July 24, 2013 7:47 AM EDT)
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.
Numbers compare with EPS of $2.54 and revs of $16.68 billion in the same period last year.
We experienced headwinds during the quarter, and while we had a positive $135 million gain related to the Siwei... More
