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I don't get all this talk about CAT lowering estimates.. that was only for 2015! The CEO stated that 2013 should look about the same as 2012 (not lower).. see this:
Caterpillar Inc. ( CAT ) reported record results in the second quarter 2012. The company's Equipment sales improved 23% year over year. The company raised its 2012 profit per share expectation from $9.50 to $9.60 on better demand forecasts.
Read more: http://community.nasdaq.com/News/2012-09/machinery-stock-outlook-sept-2012-zacks-analyst-interviews.aspx?storyid=177259#ixzz27huAzYKj [ less... ]
Caterpillar Inc. ( CAT ) reported record results in the second quarter 2012. The company's Equipment sales improved 23% year over year. The company raised its 2012 profit per share expectation from $9.50 to $9.60 on better demand forecasts.
Read more: http://community.nasdaq.com/News/2012-09/machinery-stock-outlook-sept-2012-zacks-analyst-interviews.aspx?storyid=177259#ixzz27huAzYKj [ less... ]
I don't get all this talk about CAT lowering estimates.. that was only for 2015! The CEO stated that 2013 should look about the same as 2012 (not lower).. see this:
Caterpillar Inc. ( CAT ) reported record results in the second quarter 2012. The company's Equipment sales improved 23% year over year. The company raised its 2012 profit per share expectation from $9.50 to $9.60 on better demand forecasts.
Read more: http://community.nasdaq.com/News/2012-09/machinery-stock-outlook-sept-2012-zacks-analyst-interviews.aspx?storyid=177259#ixzz27huAzYKj