Caterpillar (CAT) is expected to report its second-consecutive drop in profit for the first time...


Caterpillar (CAT) is expected to report its second-consecutive drop in profit for the first time in four years when it reports Q1 earnings. Caterpillar has been hurt by an "over-supplied commodity environment," in the words of Goldman Sachs' Jerry Revich, and a slowdown in China's industrial economy. EPS is forecast to slump to $1.46 from $2.37 last year and revenue to drop 13.6% to $13.80.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs