Earnings Preview: Caterpillar
Portfolio Pulse from Benzinga Insights
Caterpillar (NYSE:CAT) is set to release its quarterly earnings report on October 31, 2023. Analysts estimate an earnings per share (EPS) of $4.76. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $238.56, up 11.26% over the last 52-week period.
October 30, 2023 | 7:00 pm
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NEUTRAL IMPACT
Caterpillar's upcoming earnings release could potentially impact its stock price. The company's past earnings have shown a mixed effect on the share price. The stock is currently trading at $238.56, up 11.26% over the last 52-week period.
Caterpillar's earnings release is a significant event that could influence its stock price. However, the company's past earnings have shown a mixed impact on the share price, making it difficult to predict the direction of the short-term price movement. The stock's positive performance over the last 52-week period may indicate investor confidence.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100