Company News: Caterpillar (CAT) quarterly earnings miss analysts’ estimates

Market news

24 July 2019

Company News: Caterpillar (CAT) quarterly earnings miss analysts’ estimates

Caterpillar (CAT) reported Q2 FY 2019 earnings of $2.83 per share (versus $2.97 in Q2 FY 2018), missing analysts’ consensus estimate of $3.11.

The company’s quarterly revenues amounted to $14.432 bln (+3.0% y/y), generally in line with analysts’ consensus estimate of $14.474 bln.

CAT fell to $132.80 (-3.84%) in pre-market trading.

Focus on U.S. new homes sales and Markit manufacturing index - TDS

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