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JAN 28, 2013 - Business Insider

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Caterpillar Beats Q4 Earnings And Sales Expectations

UPDATE: Caterpillar's Q4 2012 earnings release is out. Click here to refresh for LIVE updates > The company reported earnings of $1.91 per share – excluding a recently-announced writedown on a Chinese investment – versus expectations of $1.70. Sales came in at $16.08 billion, a bit better than the consensus expectation of $16.06 billion. Caterpillar gave guidance for 2013 earnings of $7.00-9.00 per share versus estimates of $8.54. The company also says it sees the level of sales in Q1 2013 well below that in Q1 2012. Turning to the global economic outlook, Caterpillar sees ... Read More

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