Caterpillar (CAT) closed at $394.06 on Monday, 1.99% lower on the day.
Caterpillar’s stock price has increased 33.21% so far this year, more than the 13.80% advance registered by the overall Dow Jones Industrial Average (DJIA) index.
On Monday, the DJIA gained decently to close at 43,065.22 points. The three leaders were Apple (AAPL), McDonald’s (MCD) and Travelers (TRV), while the three laggards were Caterpillar (CAT), Boeing (BA) and Amgen (AMGN).
Back to Caterpillar, its latest earnings report from fiscal Q2 showed that earnings per share (EPS) were at $5.99. Revenue, meanwhile, stood at $16.69 billion.
The next earnings report for Caterpillar will be published on October 31.
Analysts expect Caterpillar’s earnings per share to come in at $5.36 for Q3, while revenue is seen at $16.65 billion.
(An automation tool was used in creating this post.)
Source: https://www.fxstreet.com/news/caterpillar-stock-closes-199-lower-on-monday-202410142029