Caterpillar Beats on Adjusted EPS in 4Q
31 Januar 2020 - 1:13PM
Dow Jones News
By Amber Burton
Caterpillar Inc. (CAT) reported better-than-anticipated adjusted
earnings, but sales fell short of expectations.
The maker of bulldozers and excavators said its fourth-quarter
earnings were $1.1 billion, or $1.97 a share, compared with $1.05
billion, or $1.78 a share a year earlier.
Adjusted earnings were $2.63 a share. Analysts polled by FactSet
were expecting adjusted earnings of $2.38 a share.
Total revenue was $13.14 billion, down from $14.34 billion a
year earlier.
Analysts were expecting revenue of $13.48 billion.
Write to Amber Burton at amber.burton@wsj.com
(END) Dow Jones Newswires
January 31, 2020 06:58 ET (11:58 GMT)
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