Joy Global Inc

Of the 17 analysts surveyed by Bloomberg, only five issued “buy” recommendations for Joy Global, while 11 issued “holds,” and one issued a “sell.”

Caterpillar, the world’s largest manufacturer of construction and mining equipment, will declare its 3Q16 earnings before the market opens on October 25.

Caterpillar logged four consecutive quarters of operating losses in the Resource Industries segment—it houses the mining equipment business.

The global underground mining industry is expected to grow at a compound annual growth rate of approximately 7% from 2015 to 2019.

Joy Global operates in two business segments, namely its Underground Mining Machinery and Surface Mining Equipment segments.