Caterpillar (NYSE: CAT) is scheduled to report its Q4 2022 results on Thursday, January 26. We expect CAT stock to trade lower post-Q4, with revenue and earnings falling below the consensus estimates. While a strong pricing environment and robust demand for resource and energy industries equipment will likely drive the company’s revenue growth, its overall performance may be weighed down due to supply chain disruptions and forex headwinds. Also, our forecast indicates that CAT stock is appropriately priced, as discussed below. Our interactive dashboard analysis of Caterpillar’s Earnings Preview has additional details.
(1) Revenues expected to be below the consensus estimates
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.