Caterpillar Likely To Report Higher Q3 Earnings; Here's A Look At Recent Price Target Changes By The Most Accurate Analysts
Portfolio Pulse from Lisa Levin
Caterpillar Inc. (NYSE:CAT) is expected to report higher Q3 earnings at $4.79 per share, up from $3.95 per share a year ago. The company's revenue is projected to be $16.59 billion, compared to $14.99 billion in the year-ago period. Several analysts have recently updated their price targets for Caterpillar, with most maintaining a positive outlook.
October 31, 2023 | 6:19 am
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Caterpillar is expected to report higher Q3 earnings and revenue. Analysts have recently updated their price targets, with most maintaining a positive outlook.
The news directly pertains to Caterpillar and its upcoming Q3 earnings report. The positive earnings expectations and updated price targets from analysts suggest a positive short-term impact on the company's stock.
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