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Barchart
Barchart
Kritika Sarmah

What You Need to Know Ahead of Caterpillar's Earnings Release

Caterpillar Inc. (CAT), headquartered in Irving, Texas, is a prominent player in the industrial goods sector. With a market capitalization of $175.3 billion, the company specializes in manufacturing construction and mining equipment, diesel and natural gas engines, and diesel-electric locomotives. The company is expected to announce its Q4 earnings on Tuesday, Feb. 3.

Ahead of the event, analysts expect the industrial company to report a profit of $5 per share, a decrease of 4.4% from $5.23 per share reported in the year-ago quarter. The company has surpassed the consensus estimates in three of the past four quarters, while missing on another occasion. 

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