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Key Takeaways Caterpillar missed third-quarter earnings and revenue forecasts on a pullback in demand from the industrial sector.Sales of construction and resource industries declined, but they ...
Caterpillar shares dropped after the company’s fourth-quarter revenue fell short of expectations before the opening bell Thursday.
This morning, Caterpillar (CAT) reported weaker-than-expected second quarter earnings of $960 million, or $1.45 per share, as revenue slumped to $14.63 billion. The dismal results missed consensus ...
Shares of Caterpillar Inc (NYSE:CAT) fell 2.6% in pre-open trading after Morgan Stanley downgraded the stock to “underweight” from “equal-weight.” This shift in outlook comes amid concerns ...
Caterpillar earnings and revenue fell well short of estimates on softer construction sales. CAT stock is weighing down the Dow Jones early Wednesday.
On Wednesday, shares of manufacturing giant Caterpillar Inc. (CAT) are sliding, down about 1.5% in late-morning trading after a new report, commissioned by the government, accused the company of ...
Caterpillar Inc. shares slid 3% in premarket trade Wednesday, after the maker of construction and mining equipment missed profit estimates for the second quarter.
Caterpillar (CAT) shares rose for the eighth day in a row, but analysts see potential resistance ahead due to concerns about its industrial outlook.
Shares in Caterpillar, the US company best known for the outsized diggers and trucks used in the mining industry, are dropping hard in pre-market trading in New York. The stock is down almost 7 ...
Caterpillar Inc. shares fell 6% after the maker of equipment for the mining and construction sectors missed profit expectations for the fourth quarter by a wide margin.
Caterpillar insists overall demand remains healthy and the company is poised for a better 2023 than expected. If so, that is not reflected in its order backlog, unchanged from the previous quarter.
Caterpillar Inc's <CAT.N> shares tumbled on Tuesday, giving up early gains on concerns that rising materials costs could squeeze profit margins for the heavy equipment manufacturer following U.S ...