{"id":236260,"date":"2010-01-27T08:17:00","date_gmt":"2010-01-27T13:17:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/caterpillar-slides-after-missing-on-revenue-and-giving-a-mediocre-weak-outlook-2010-1"},"modified":"2010-01-27T08:17:00","modified_gmt":"2010-01-27T13:17:00","slug":"caterpillar-slides-after-missing-on-revenue-and-giving-a-mediocre-weak-outlook-cat","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/236260","title":{"rendered":"Caterpillar Slides After Missing On Revenue And Giving A Mediocre Weak Outlook (CAT)"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/image\/d17a6c794d769449ffa54600-361-271\/caterpillar-tbi.jpg\" border=\"0\" alt=\"caterpillar tbi\" width=\"361\" height=\"271\" \/><\/p>\n<p>Shares of Caterpillar (CAT) are down about 2% pre-market:<\/p>\n<p>From <a href=\"http:\/\/finance.yahoo.com\/marketupdate\/inplay#cat\">Briefing.com<\/a>:<\/p>\n<p style=\"padding-left: 30px;\"><strong>7:38AM Caterpillar beats by $0.13, misses on revs; guides FY10 EPS below consensus, revs in-line (CAT)<\/strong> 55.85 : Reports Q4 (Dec) earnings of $0.41 per share, excluding non-recurring items, $0.13 better than the First Call consensus of $0.28; revenues fell 38.9% year\/year to $7.9 bln vs the $8.11 bln consensus. Co issues mixed guidance for FY10, sees EPS to be &#8216;about 2.50 at the midpoint of sales and revenue range&#8217; vs. $2.71 consensus; sees FY10 revs up 10-25% y\/y (~35.6- 40.4 bln) vs. $36.06 bln consensus. Sales volume is expected to be the most significant positive profit driver in 2010. Material costs are expected to be favorable in 2010.<\/p>\n<p>Remember, Caterpillar is one of Obama&#8217;s favorite companies. We wonder what they think about the spending freeze.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/caterpillar-slides-after-missing-on-revenue-and-giving-a-mediocre-weak-outlook-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/white-house-already-spinning-wildly-the-freeze-isnt-really-a-freeze-at-all-2010-1\">White House Already Spinning Wildly: The &quot;Freeze&quot; Isn&#8217;t Really A Freeze At All<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/hold-on-obama-opposed-a-spending-freeze-before-he-supported-it-2010-1\">Hold On! Obama Opposed A Spending Freeze Before He Supported It <\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/caterpillar-beats-shows-that-world-cap-ex-is-better-than-expected-2009-10\">Caterpillar Demolishes Expectations<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/2rrLWW_l_hg\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Caterpillar (CAT) are down about 2% pre-market: From Briefing.com: 7:38AM Caterpillar beats by $0.13, misses on revs; guides FY10 EPS below consensus, revs in-line (CAT) 55.85 : Reports Q4 (Dec) earnings of $0.41 per share, excluding non-recurring items, $0.13 better than the First Call consensus of $0.28; revenues fell 38.9% year\/year to $7.9 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-236260","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/236260","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=236260"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/236260\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=236260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=236260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=236260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}