At the end of 4Q16, Caterpillar (CAT) had ~$7.2 billion in cash and short-term investments, a decrease of $708 million from the end of 2015.
Caterpillar’s (CAT) restructuring costs were estimated to be ~$2 billion, with $1.6 billion of cash costs and the remaining $400 million of non-cash costs.
For 4Q16, Caterpillar (CAT) reported revenues from its Energy & Transportation (E&T) business of ~$3.9 billion compared to ~$4.5 billion in 4Q15.
For 4Q16, Caterpillar (CAT) reported consolidated sales of ~$9.6 billion compared to analysts’ expectations of ~$9.9 billion.
On January 26, 2017, Caterpillar (CAT) announced its 4Q16 and fiscal 2016 earnings results. CAT’s adjusted EPS came in at $0.83 compared with analysts’ consensus EPS estimate of $0.66.
Rockwell Automation’s (ROK) fiscal 1Q17 earnings were driven by a year-over-year increase in the company’s organic sales.
At the end of fiscal 1Q17, Rockwell Automation (ROK) had ~$1.6 billion in the form of cash and cash equivalents on its balance sheet compared to ~$1.5 billion at the end of fiscal 1Q16.
For fiscal 1Q17, Rockwell Automation’s (ROK) free cash flows came in at $271.4 million compared to $145.3 million during fiscal 1Q16.
For fiscal 1Q17, Rockwell Automation (ROK) reported ~$1.5 billion in consolidated sales compared to analysts’ expectations of ~$1.4 billion.
For fiscal 1Q17, Rockwell Automation (ROK) reported an ROIC of 34.6% compared to 32.6% reported for fiscal 1Q16.
For fiscal 1Q17, Rockwell Automation (ROK) reported $696 million in sales from its Architecture & Software segment compared to $643 million during fiscal 1Q16.
Rockwell Automation (ROK) announced its fiscal 1Q17 earnings results before market hours on January 25, 2017. We’ll analyze the company’s fiscal 1Q17 results and compare the results with analysts’ expectations.
ROK maintains that oil prices have recovered since early 2016 and that most of its business in the heavy industries end market is expected to stabilize.
For fiscal 1Q16, the pre-tax margin of ROK’s Architecture & Software segment was 27.4%, as compared to the Control Products & Solutions segment’s 15.3%.
Of the 24 analysts covering Rockwell Automation stock, three analysts gave the company a “buy” recommendation, while 17 analysts (71%) gave it a “hold.”
Analysts estimate that Rockwell will report ~$1.42 billion in fiscal 1Q17 revenues, which is a ~1% fall on a YoY (year-over-year) basis.
Rockwell Automation (ROK) is set to announce its fiscal 1Q17 earning results on January 25, 2017, before market hours.
For 3Q16, Caterpillar (CAT) reported its interest expenses at $126 million compared to $127 million during a comparable period in 2015.
Caterpillar (CAT) derives more than 90% of its revenues from its Construction Industries (ITB), Resource Industries, and Energy & Transportation segments.
Caterpillar (CAT) reduced its sales and revenue forecast to $39 billion from its previous guidance of $40.0 billion–$40.5 billion.