Caterpillar: Q4 Earnings Insights

Shares of Caterpillar CAT rose 2.8% in pre-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were down 19.39% year over year to $2.12, which beat the estimate of $1.49.

Revenue of $11,235,000,000 decreased by 14.52% from the same period last year, which missed the estimate of $11,250,000,000.

Outlook

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jan 29, 2021

Time: 08:30 AM

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestors.caterpillar.com%2F&eventid=2944001&sessionid=1&key=6781DE95C51315BAC7DD5F67DA91579A&regTag=&V2=false&sourcepage=register

Technicals

Company's 52-week high was at $200.17

Company's 52-week low was at $87.50

Price action over last quarter: Up 25.35%

Company Overview

Caterpillar is an iconic manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment with approximately 16% of global market share in 2019. The company is divided into four reportable segments: construction industries, resource industries, energy & transportation, and Caterpillar Financial Services. Its products are available through a dealer network that covers the globe with over 2,000 branches maintained by 165 dealers. Caterpillar Financial Services provides financing to its customers and dealers, generating approximately 9% of operating profit.