Caterpillar Beats 1Q Sales, Profit Estimates on Mining Boost

Caterpillar Beats 1Q Sales, Profit Estimates on Mining Boost

Assessment

Interactive Video

Business

University

Hard

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The video discusses Caterpillar's 2019 earnings estimates, highlighting the impact of tax benefits on the high-end estimates of $13.06. While sales were slightly better than expected, the emphasis is on the higher range due to tax benefits. Market expectations remain high, with growth in oil markets and all regions, although Asia shows signs of slowing momentum.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the text suggest about the expectations for Caterpillar's performance?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What factors are mentioned that could influence the growth momentum for Caterpillar?

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