Caterpillar (CAT) reported Q4 FY 2018 earnings of $2.55 per share (versus $2.16 in Q4 FY 2017), missing analysts’ consensus estimate of $2.99.
The company’s quarterly revenues amounted to $14.342 bln (+11.2% y/y), being generally in line with analysts’ consensus estimate of $14.365 bln.
The company also issued downside guidance for FY 2019, projecting EPS of $11.75-12.75versus analysts’ consensus estimate of $12.77.
CAT fell to $129.25 (-5.56%) in pre-market trading.