Caterpillar Reports First-Quarter 2017 Results
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Caterpillar (CAT) PT Raised to $111 at Stifel; Reiterates Hold
April 26, 2017 8:17 AM EDTStifel raised its price target on Caterpillar (NYSE: CAT) to $111.00 (from $95.00) while maintaining a Hold rating. First quarter ME&T revenues increased 4% y/y to $9.130 billion. Volume and price gains contributed 3.1% and 1.0%, respectively.
Stifel's 2017 EPS estimates shift from $2.96 to $3.91 on $40.178 billion in revenue. 2018 EPS... More
Caterpillar (CAT) Tops Q1 EPS by 66c
April 25, 2017 7:31 AM EDTCaterpillar (NYSE: CAT) reported Q1 EPS of $1.28, $0.66 better than the analyst estimate of $0.62. Revenue for the quarter came in at $9.8 billion versus the consensus estimate of $9.26 billion.
For earnings history and earnings-related data on Caterpillar (CAT) click here.
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