Is Caterpillar Stock Underperforming the Dow?
Caterpillar has underperformed the Dow over the past year, but analysts are moderately optimistic about the stock’s prospects.
Barchart ·
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The Latest Breaking News from Construction Industries
Why Caterpillar Shares Are Trading Lower Today
Caterpillar Inc (NYSE:CAT) reported first-quarter FY22 sales and revenue growth of 14.3% year-over-year to $13.59 billion, beating the consensus of $13.40 billion. Revenue growth was driven by higher sales volume and favorable price realization, partially offset by unfavorable currency impacts. Segment Revenue: Construction Industries $6.12 billion (+12% Y/Y), Resource Industries $2.83 billion (+30%…
Benzinga ·
Caterpillar Clocks 23% Revenue Growth In Q4, Beats Analyst Expectations
Caterpillar Inc (NYSE:CAT) reported fourth-quarter sales and revenue growth of 23% year-over-year to $13.79 billion, beating the consensus of $13.15 billion. The company attributed the increase primarily to higher sales volume, driven by higher end-user demand for equipment and services, and the impact from changes in dealer inventories, along with favorable price realization.…
Benzinga ·
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