Caterpillar had a strong quarterly result but the impact of inflationary pressures played spoilsport against the company’s margins. Despite delivering an all-around beat backed by a robust demand for its equipment, particularly in the construction and mining industries, the company witnessed a margin contraction on account of rising commodity prices. The management openly communicated that it might expect a further margin contraction in the third quarter of the year. The company witnessed a 40% ....
03 Aug 2021
Caterpillar Inc - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
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Caterpillar Inc - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
- Published:
03 Aug 2021 -
Author:
Ishan Majumdar -
Pages:
14
Caterpillar had a strong quarterly result but the impact of inflationary pressures played spoilsport against the company’s margins. Despite delivering an all-around beat backed by a robust demand for its equipment, particularly in the construction and mining industries, the company witnessed a margin contraction on account of rising commodity prices. The management openly communicated that it might expect a further margin contraction in the third quarter of the year. The company witnessed a 40% ....