Sunday, December 18, 2011

Caterpillar (NYSE:CAT) Eyes Huge 2012 Revenues

XCSFDHG46767FHJHJF

tdp2664 E money daily It has been reported that Caterpillar (NYSE:CAT) is expecting revenues of $63.8billion in 2012. Caterpillar (NYSE:CAT) Eyes Huge 2012 Revenues Caterpillar (NYSE:CAT), Illinois based world’s largest manufacturer of construction and mining equipment, diesel and natural gas engines and industrial gas turbines, has reportedly revealed its expecting revenue for 2012 in between $63.8 billion to $69.6 billion. Caterpillar (NYSE:CAT) has also reported that it is expecting revenue hike between 10 to 2o percent in 2012, “based on improving but slow growth in the developed parts of the world with continuing improvement in sales from what are currently low levels.” Caterpillar Inc. (NYSE:CAT) shares were at 88.03 at the end of the last day’s trading. There’s been a 1.3% movement in the stock price over the past 3 months. Caterpillar Inc. (NYSE:CAT) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.67 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.79 Zack’s Rank: 2 out of 8 in the industry



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...