How Will Caterpillar (CAT) Stock React to Q2 Results?

Caterpillar (CAT) is scheduled to report its 2016 second quarter results before Tuesday’s opening bell.
By Kaya Yurieff ,

NEW YORK (TheStreet) -- Shares of Caterpillar (CAT) - Get Report are lower by 0.91% to $79.28 on Friday afternoon ahead of the company's 2016 second quarter results due out before Tuesday's market open.

Analysts are expecting earnings and revenue to decline year-over-year.

Wall Street is projecting that the Peoria, IL-based company will post earnings of 96 cents per share on revenue of $10.06 billion.

During the same quarter last year, Caterpillar earned $1.27 per share on revenue of $12.32 billion.

The company is a manufacturer of construction and mining equipment.

Separately, TheStreet Ratings Team has a "Hold" rating with a score of C+ on the stock.

The primary factors that have impacted the rating are mixed. Among the primary strengths of the company is its expanding profit margins over time.

But the team also finds weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: CAT

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