Replies to post #1045 on Caterpillar Inc (CAT)

[Prudent Capitalist]

Yep. Earnings report was fine and strong, including revenue, but then in the conference call they predicted some softness in the current quarter going forward and the share price got hammered.

[DewDiligence]

CAT 3Q23 CC transcript:

https://finance.yahoo.com/news/q3-2023-caterpillar-inc-earnings-041702760.html

[DewDiligence]

CAT reports 4Q23 results—completing_record_year_for sales_and_earnings:

PR:
https://www.caterpillar.com/content/dam/caterpillarDotCom/releases/4q23/4q23-caterpillar-inc-financial-results.pdf

CC slides:
https://s25.q4cdn.com/358376879/files/doc_financials/2023/q4/4Q-2023-Analyst-Slide-Deck-FINAL-2.pdf

4Q23 sales were $17.1B, +3% YoY.

4Q23 non-GAAP EPS was $5.23, up from $3.86 in 4Q22. 4Q23 GAAP EPS was $5.28, up from $2.49 in 4Q22.