Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,206.87
(
0.99%
)
US TECH 100
26,679.20
(
0.82%
)
Dow Jones
49,704.47
(
1.72%
)
Brent Oil
110.10
(
-2.02%
)
Bitcoin
76,447.53
(
0.89%
)
News Focus
News Focus
Post# of 30519
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

DewDiligence

Send PM Follow Ignore
Followers 843
Posts 122913
Boards Moderated 9
Alias Born 09/05/2002

DewDiligence

Member Level

Re: DewDiligence post# 29513

Wednesday, 10/30/2024 7:37:05 PM

Wednesday, October 30, 2024 7:37:05 PM

Post# of 30519
CAT—(-2%)—reports 3Q24 results—lowers_expectations_for 4Q24:

https://finance.yahoo.com/news/caterpillar-reports-third-quarter-2024-103000540.html

3Q24 results were below consensus expectations due to soft sales in two of the three business segments: construction equipment (-9% YoY); and mining (-10% YoY). 3Q24 sales in the energy & transportation segment were +5% YoY.

Although CAT does not provide specific sales or earnings guidance for any quarter, CAT did say that 4Q24 sales will be down relative to 3Q24 and that full-year 2024 sales will be lower than the company previously expected.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today