Caterpillar Earnings Will Provide Window on China. Construction, Commodities - Barron's
1. CAT's Q4 earnings expected at $5.05 per share and $15.8B sales. 2. Sales have fallen for three consecutive quarters, raising concerns. 3. Operating profit margins projected to improve to 11.4% for Q4. 4. Analysts expect stable sales growth by 2025; 40% rate CAT as Buy. 5. UBS analyst rates CAT as Sell with a price target of $355.