Caterpillar (CAT) Beats on Q4 Earnings & Revenues Estimates

Caterpillar, Inc. Price and EPS Surprise | Caterpillar, Inc. Quote

Outlook: Caterpillar initiated adjusted earnings per share guidance range of $8.25 to $9.25 for fiscal 2018.

Zacks Rank: Currently, Caterpillar carries a Zacks Rank #1 (Strong Buy) which is subject to change following the earnings announcement. You can see the complete list of today’s Zacks #1 Rank stocks here.

Market Reaction: Caterpillar shares gained 1.87% in pre-market trading. It would be interesting to see how the market reacts to the results during the trading session today.

Check back later for our full write up on Caterpillar’s earnings report!

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 – Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 – Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.