Caterpillar (CAT) Misses Q4 Views, Guides Lower; Cutting 20K Jobs

January 26, 2009 7:36 AM EST

Caterpillar Inc. (NYSE: CAT) reports Q4 EPS of $1.08, versus the consensus of $1.30. Revenues came in at $12.9 billion, versus the consensus of $12.77 billion.

Caterpillar is cutting 20,000 jobs.

Sees 2009 adj-EPS of $2.50, well below the consensus of $4.32.

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