Caterpillar earnings, revenue expected to jump
CAT•Caterpillar shares rise ahead of quarterly results
** Caterpillar CAT.N shares up 2% at $833.01 on Mon ahead of qtrly results before the bell, with focus on demand for its construction and power generation equipment
** Analysts expect qtrly adj EPS of $6.20 on rev of $19.34 bln, up from $4.72 and $16.55 bln a yr ago, per LSEG
** CAT has met or beaten EPS estimates in 5 of past 8 qtrs, with most recent miss in Q2 2025
** Stock has surged ~45% YTD as AI-related buildup of data centers has fueled demand for its backup power equipment, vs 10.5% gain in Dow Industrials .DJI
** Of the 30 analysts that cover Caterpillar Inc, the breakdown of recommendations is 15 "strong buy" or "buy," 14 "hold" and 1 "sell" rating
** Median price target of $950 is unchanged for the past two months, up from $877 on May 3
** CAT options imply a 7.3% swing for the shares, in either direction by Friday, per Trade Alert data; that's higher than the stock's avg move of 4.4% on the day of results over the last eight qtrs
