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 factors are mentioned that could impact Caterpillar's sales growth in China?

What does the speaker imply about the significance of Caterpillar's missed earnings?