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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%
