Caterpillar Earnings Beat but Global Supply Chain and inflation Uncertainty Remains

Caterpillar, a Dow component and gauge for global economic health reported better-than-expected fourth-quarter numbers on Friday. However, the market sold off the stock with concerns about the supply chain and inflation heading into 2022. $CAT shares fell to $201.16, down $11.01 or 5.19%. The industrial equipment manufacturer is right at the front line for global supplies. Caterpillar Inc. (NYSE: $CAT) Reported Earnings Before Open Friday $2.69 Beat $2. 27 EPS Forecast AND $13.8 Billion Missed $12.6 billion forecast in revenue  … Continue reading “Caterpillar Earnings Beat but Global Supply Chain and inflation Uncertainty Remains”

Ag Tech Giant Deere Crushes Earnings Despite Supply Chain Pressures

Iconic farming, forestry and construction equipment maker Deere is now seen as a rare hybrid of industrials and tech or Ag Tech. $DE beat second quarter earnings before the open Friday.  Supply cain issues are in focus. ARK Invest sees it as a tech company adding it to ARKQ. 

Deere Earnings Beat as U.S. Farm Sector Stabilizes

Iconic farming, forestry and construction equipment maker Deere beat first quarter earnings before the open Friday. $DE maintained guidance despite global risks, higher US dollar and higher raw materials and freight costs fueling higher expenses and uncertainty.

Deere Warns on Trade Tensions and Difficult Agriculture Conditions

Iconic farming, forestry and construction equipment maker Deere beat third quarter earnings reported before the open Wedneday but $DE also cut guidance citing global risks, higher US dollar and higher raw materials and freight costs fueling higher expenses and uncertainty.

Caterpillar Earnings Miss as Dealers Decrease Inventories, Lower China Demand

Global industrial equipment manufacturer Caterpillar reported worse than expected third quarter 2019 EPS before the market open Wednesday and again warned that China demand was falling. $CAT fell 2.5% but reversed to close up 1.2% on the day. Caterpillar also lowered full-year earnings guidance.

The American Products China is Targeting With New Tariffs

China roiled markets Friday as it retaliated with new tariffs on US products prior to the G7 and Jackson Hole economic summit. Clearly with intention to inflame the situation in front of world leaders. Electronics, including cellphones and semiconductors, is the biggest category of American imports into China.

Caterpillar Earnings Miss Despite North America Oil and Gas Revenue Increases

Global industrial equipment manufacturer Caterpillar reported worse than expected fourth quarter 2018 EPS before the market open Monday after last quarter issuing weaker guidance due to global and trade tensions which have hit the stock price.