Fourth quarter consolidated revenues increased 6%; full year revenues declined 9% on lower industry equipment demand.
Fourth quarter consolidated revenues increased 6%; full year revenues declined 9% on lower industry equipment demand.
Caterpillar CAT shares faced high expectations coming into the company’s third-quarter earnings report. It ploughed right through them.
Caterpillar(CAT) stock dropped after the company updated the impact of tariffs on 2025 earnings.
Caterpillar(CAT) was edging up early on Tuesday after its second-quarter earnings missed expectations but it struck a positive tone on its sales outlook for the rest of the year.
Farm and construction equipment maker CNH Industrial reported second-quarter profit and revenue above Wall Street estimates on Friday, as its ongoing effort to reduce costs helped offset pressures from lower sales and production.
Caterpillar CAT+0.11% reported weaker-than-expected first-quarter earnings, and lowered guidance.
Shares of CNH Industrial fell more than 10% premarket on Friday, after the farm and construction equipment maker missed third-quarter profit estimates and cut its 2024 profit forecast due to weak demand and reduced dealer inventory requirements.
Caterpillar reported weaker-than-expected third-quarter results, sending shares lower in early trading on Wednesday.
Shares of Caterpillar Inc. bounced off a six-month low in Tuesday premarket trading, after the construction- and mining-equipment company reported another quarterly adjusted profit that rose above expectations, amid strength in its energy and transportation business.
Agriculture and construction machinery maker CNH Industrial reported slightly better-than-expected first-quarter earnings. Sales are slow though, and full-year guidance was trimmed. Despite the cut, its beaten-up shares are rising in early trading.
Shares of Caterpillar Inc. shot up further into record territory Monday, after the maker of construction and mining equipment reported fourth-quarter profit that rose well above forecasts, with particular strength in its energy and transportation business.
Machinery giant Caterpillar 1.51%smashed earnings expectations again. But orders backlog fell. Investors will have to decide whether strong performance now is enough to overcome their fears about the global economy down the road.
Caterpillar CAT +1.82% crushed Wall Street’s earnings estimates for the second quarter but the stock wasn’t doing much in early trading. Investors weren’t worried about this quarter. They are worried about the economic cycle.