News Formal

Caterpillar Earnings Will Be All About the Backlog

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Cat reports Tuesday morning. Wall Street is looking for earnings per share of $4.80 from sales of $16.6 billion.

Machinery giant Caterpillar is slated to report third-quarter earnings on Tuesday morning. Results will tell investors a lot about how the economy is shaping up heading into 2024.

Sales are up because prices are higher and Caterpillar is shipping more equipment to customers. End markets have been recovering from Covid-related lows and supply-chain issues that constrained production and led to lower dealer inventories.“In a nutshell, during first quarter 2023 and second quarter 2023 , investor focus rested on potential margin upside from normalizing supply chains and price/cost tailwinds,” wrote Baird analyst Mig Dobre in an earnings preview report.

Management said on the second-quarter earnings conference call that dealer inventories increased by $600 million in the second quarter.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Caterpillar earnings: What to expect from the construction equipment makerInvestors seem to have prepped for a disappointing Q3 report, while Wall Street analysts are expecting something bullish
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Fed Meeting, Jobs Report, Apple Earnings, and More to Watch This WeekThe Fed meeting ends on Wednesday and jobs numbers are due on Friday. Plus, third-quarter earnings from Apple, Caterpillar, AMD, Pfizer, Starbucks, PayPal,...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Fed Meeting, Jobs Report, Apple Earnings, and MoreThe Fed meeting ends on Wednesday and jobs numbers are due on Friday. Plus, third-quarter earnings from Apple, Caterpillar, AMD, Pfizer, Starbucks, PayPal,...
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

SoFi Will Post Earnings Monday. What to Expect.The fintech reports its earnings before the start of trading. The stock has had a fantastic year.
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Earnings Show Growth in Public Cloud MarketSteve McDowell is principal analyst and founding partner at NAND Research. Steve is a technologist with over 25 years of deep industry experience in a variety of strategy, engineering, and strategic marketing roles, all with the unifying theme of delivering innovative technologies into the enterprise infrastructure market.
ソース: ForbesTech - 🏆 318. / 59 続きを読む »

Dow futures lift, earnings, Fed decision in focusDow futures lift, earnings, Fed decision in focus
ソース: Investingcom - 🏆 450. / 53 続きを読む »