3 Years Ago
1 Min Read
What to watch out for in CAT's upcoming earning report:
Caterpillar Inc (CAT) reports earnings on August 02. Lets take a closer look at how the stock is currently trading.
Analysts are estimating Caterpillar Inc will report an EPS (earnings per share) of $3.02, $2.92 GAAP, on $14.39B or revenue. Over the last 90 days, there have been 5 upward revisions and 6 downward.
There are two primary things that CAT bulls will be concerned with. The first is that the reported EPS beat the estimates of analysts. Stocks respond favorably to that news. The second is that the report outlines a positive growth story for the stock in the coming quarters.
When they're finished harrassing campers, chasing hikers, or Mauling Leonard DiCaprio in the Revenant, CAT bears will be listening for news that the company underperformed the analysts' estimates. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Shares of CAT were trading at $178.62 as of July 25. Over the last 52-weeks, shares are down -24.03%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
Analysts are estimating Caterpillar Inc will report an EPS (earnings per share) of $3.02, $2.92 GAAP, on $14.39B or revenue. Over the last 90 days, there have been 5 upward revisions and 6 downward.
There are two primary things that CAT bulls will be concerned with. The first is that the reported EPS beat the estimates of analysts. Stocks respond favorably to that news. The second is that the report outlines a positive growth story for the stock in the coming quarters.
When they're finished harrassing campers, chasing hikers, or Mauling Leonard DiCaprio in the Revenant, CAT bears will be listening for news that the company underperformed the analysts' estimates. They'll also want to hear about a negative growth story that frames the company's future as one of deceleration or even decline in revenues over the following quarters.
Whether you're a bear or bull you'll want to be aware that occasionally a stock's price movement is caused by the analysts' estimates, rather than from the earnings report itself. As you see more of these, you'll begin to notice patterns in the runup and rundown of the stock's price.
Shares of CAT were trading at $178.62 as of July 25. Over the last 52-weeks, shares are down -24.03%. A larger percentage here can mean investors have a stronger bullish or bearish outlook on the stock.
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