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Caterpillar (CAT) Misses Q4 EPS by 44c, Offers Outlook

January 28, 2019 7:31 AM

Caterpillar (NYSE: CAT) reported Q4 EPS of $2.55, $0.44 worse than the analyst estimate of $2.99. Revenue for the quarter came in at $14.3 billion versus the consensus estimate of $14.33 billion.

GUIDANCE:

Caterpillar sees FY2019 EPS of $11.75-$12.75, versus the consensus of $12.64.

"In 2018, Caterpillar achieved record profit per share and returned significant levels of capital to shareholders," said Caterpillar Chairman and CEO Jim Umpleby. "Our global team remained focused on serving our customers, executing our strategy and investing for future profitable growth."

"Our outlook assumes a modest sales increase based on the fundamentals of our diverse end markets as well as the macroeconomic and geopolitical environment. We will continue to focus on operational excellence, including cost discipline, while investing in expanded offerings and services to drive long-term profitable growth," added Umpleby.

For earnings history and earnings-related data on Caterpillar (CAT) click here.

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