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CAT Caterpillar Inc

Q3'23 · Reported 2023-10-31

Headline Verdict

BEATby +15.2%

EPS $5.52 vs $4.79 estimated

Market Reaction:CRASH-6.7%
DISCONNECT — Beat earnings but stock dropped

EPS & Revenue

Reported EPS

$5.52

Estimated EPS

$4.79

Surprise

+15.2%

Revenue

$16.8B

EPS YoY

+39.8%

Revenue YoY

+12.1%

Market Reaction

Day Of

-6.7%

Selloff

Next Day

-4.3%

Dip

5-Day

-3.0%

Dip

Close Before

$242.16

Close After

$226.05

Streak & Context

Beat Streak

+3 Q

Beat / Miss

BEAT

Macro Environment

Fed Rate

5.33%

CPI

307.671

Unemployment

3.9%

10Y Treasury

4.8%

2Y Treasury

5.07%