Caterpillar (CAT) is expected to report Q4 earnings on Thursday, January 26 before the market open with a conference call scheduled for 11:00 am ET.
Analysts are looking for EPS of $1.73 on revenue of $16.05B. The consensus range is $1.56-$1.91 for EPS and revenue of $15.43B-$17.46B, according to First Call. Caterpillar reported positive results in Q3, beating both EPS and revenue estimates. On its Q3 earnings report, the company raised the upper end of its FY11 EPS forecast to $7.25 (ex-Bucyrus) from $6.75-$7.25 vs. consensus of $6.59. It also raised its FY11 revenue estimate to "about" $58B from $56B-$58B vs. consensus $55.72B. Management said 2012 was shaping up to be "better" than 2011, and that it was continuing to boost production levels for many products. The shares moved sharply higher following Q3 results, rallying about 18%. They currently sit approximately 10 points from 52-week highs of $116.55, made in May of last year.