Cat Financial reports promising Q1 2024 results despite challenges for Caterpillar Inc [Yahoo! Finance]
Caterpillar, Inc. (CAT)
Last caterpillar, inc. earnings: 4/28 06:30 am
Check Earnings Report
US:NYSE Investor Relations:
caterpillar.com/en/investors.html
Company Research
Source: Yahoo! Finance
Past dues decreased to 1.78%, down from 2.00% in Q1 2023, while write-offs amounted to $55 million compared to $10 million in the previous year. Despite a decline in allowance for credit losses to $281 million, equivalent to 1.01% of finance receivables, from $331 million in December 2023, Cat Financial remains robust. The company provides financing solutions to Cat customers and dealers for various equipment. Caterpillar Inc., the US-based manufacturer of construction and mining equipment, reported a 5% decrease in its construction industries segment sales, attributing it to lower sales volume. Despite challenges, Caterpillar's resource industries' total sales decreased by 7% to $3.19 billion. Chairman and CEO Jim Umpleby expressed satisfaction with the company's performance, aiming for long-term growth amidst inventory concerns. Analysts highlight the industry's anticipation of a sales slowdown, despite Caterpillar's positive price realisation, indicating a shift in market d
Show less
Read more
Impact Snapshot
Event Time:
CAT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CAT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CAT alerts
High impacting Caterpillar, Inc. news events
Weekly update
A roundup of the hottest topics
CAT
News
- Caterpillar Inc. (CAT) is Attracting Investor Attention: Here is What You Should Know Warren Buffett's Latest $2.6 Billion Buy Brings His Total Investment in This Stock to More Than $77 Billion in Under 6 Years Analyst adjusts Nvidia stock price target aAcquire Media Monitor
- Mining Truck Market To Reach USD 38.4 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- Caterpillar Releases 2023 Company Reports [Yahoo! Finance]Yahoo! Finance
- Caterpillar Releases 2023 Company ReportsPR Newswire
- Caterpillar Announces Virtual 2024 Shareholder Meeting [Yahoo! Finance]Yahoo! Finance
CAT
Earnings
- 4/25/24 - Beat
CAT
Sec Filings
- 5/14/24 - Form 4
- 5/13/24 - Form 144
- 5/8/24 - Form 4
- CAT's page on the SEC website