Caterpillar (CAT) Up 3.4% Since Last Earnings Report: Can It Continue?
Caterpillar(CAT) ZACKS·2024-09-06 00:36
A month has gone by since the last earnings report for Caterpillar (CAT) . Shares have added about 3.4% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Caterpillar due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Caterpillar Q2 Earnings Top Estimates on Favorable P ...