Caterpillar Misses 4Q Estimates, Sees 'Modest Sales Increase' in 2019

The transcript discusses Caterpillar's earnings per share, profit expectations for 2019, and market concerns. It highlights the risks associated with economic slowdown, particularly in China, and the importance of forward guidance. The discussion also covers analyst expectations, market trends, and the challenges of maintaining growth. Despite previous strong performance, Caterpillar faces headwinds and leverage issues, indicating potential difficulties in sustaining past growth rates.

What was the expected earnings per share for Caterpillar in 2019?

• $12.00 to $13.00

• $11.75 to $12.75

• $13.50 to $14.50

• $10.00 to $11.00

Which region is mentioned as having slower economic growth affecting Caterpillar?

• Africa

• South America

• Europe

• North America

What percentage of Caterpillar's sales comes from China?

• 20%

• 15%

• 10%

• 6%

What is a significant concern for Caterpillar's future performance?

• Increasing commodity prices

• Decreasing energy prices

• High growth rates

• Stable economic conditions

What has been a trend in analyst expectations for companies like Caterpillar?

• Highball estimates

• Lowball estimates

• Accurate estimates

• No estimates