Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Lucretius who wrote (303072)	3/3/2005 6:54:25 AM
From: MythMan	Read Replies (1) of 436258

Speaking of that pussy... >>Goldman Sachs reiterated an "outperform" rating on Caterpillar (nyse: CAT - news - people ), saying the company "still has a lot of positive momentum." The research firm raised the fiscal 2005 and 2006 earnings-per-share estimates on Caterpillar to $7.65 and $8.95, from $7.40 and $8.70, respectively. "Caterpillar's battle with raw material costs will lessen by late 2005," Goldman said. The research firm believes the company's volume assumptions will prove too low, thus providing a potential upside to earnings per share. Goldman estimates 2005 volume growth for Caterpillar of 11% to 12%, versus Caterpillar's forecast of just 8%. In addition, Goldman estimates a pricing increase of 4% to 6%, versus Caterpillar's 3% estimate. "We expect Caterpillar to begin to raise their expectations in its next earnings release," Goldman said. The research firm warned Caterpillar still needs to work through margins problems, but added that "we are increasingly hopeful that these issues can be resolved by mid-2005." <<

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next