Do you guys lean on a miss or beat for CAT earnings? And do they report before or after market hours?
Obviously they will miss with the .87 EPS write off. That takes them down to .83 for the quarter on the 1.70 eps prediction. If they beat the 1.70 by 10% that would be 1.87 which is $1 eps with the write off.
it can ALL change at 11AM with conf. call
why in MIDDLE of the day ??
+ .35 * BEFORE * POSITIVE OUTLOOK