Caterpillar Hits The Skids

Specifically, Caterpillar lowered its FY EPS range to $10.90 to $11.40, which is now well below the low end of last quarter's estimate of $12.06 to $13.06. The revised guidance now assumes modestly lower sales in 2019, or in other words a continuation of the dismal trend observed in Q3.

 

 

 

 

 

 

 

https://www.zerohedge.com/markets/caterpillar-plunges-drags-dow-lower-after-missing-earnings-slashing-guidance

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