William Blair analyst Tim Mulrooney downgrades Kforce (NASDAQ:KFRC) from Outperform to Market Perform.
Why Is Equipment Giant Caterpillar Stock Plunging Today?
Caterpillar reported Q1 fiscal 2024 revenue of $15.8B, down 0.4% YoY and missing consensus. Adjusted earnings of $5.60 per share beat consensus. Sales dropped due to reduced equipment sales and adverse currency impacts.