HALISTER: Caterpillar 4Q Rev. Misses Est.; Shares Fall

Caterpillar 4Q Rev. Misses Est.; Shares Fall

(Bloomberg) -- Caterpillar 4Q rev. $9.57b, est. $9.81b (range $9.26b-$10.1b)
  • 4Q adj. EPS 83c, est. 66c (range 53c-74c)
  • Sees FY17 rev. $36b to $39b
  • Caterpillar: Overall Economic Environment Remains Challenging
  • Says '17 sales Views Based on Strengthening of USD
  • Sees Yr Profit/Shr of About $2.30
  • Sees Yr adj EPS About $2.90, est. $3.08
  • Caterpillar:Expectation for sales & rev. in 2017 Slightly Lower
  • Worldwide Employment About 95,400 at End of '16
NOTE:
  • Shares down 1.5% since earnings release to $98 on 18,657 shares traded
  • 7 buys, 17 holds, 4 sells before today
  • Call 11am (NY time), 877-216-8554 pw 5621
Statement
Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
CAT US (Caterpillar Inc)

People
D Umpleby (Caterpillar Inc)

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