BATS:CAT   CATERPILLAR INC DEL
120 1 0
Which way will she break??
Caterpillar s third-quarter revenues declined 18%
year over year to $13.4 billion while earnings per
share slumped 43% to $1.45. Even though the
company expects fourth quarter sales to be slightly
higher sequentially, earnings per share are expected
to be lower due to higher costs. For fiscal 2013,
Caterpillar trimmed its sales outlook to $55 billion
and earnings to $5.50 per share. The recent loss of
sales momentum, declining backlog, the European
debt crisis and the slowdown in emerging markets
remain concerns. Thus, we have downgraded our
recommendation from Neutral to Underperform on
Caterpillar with a target price of $76.00.
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out