Caterpillar earnings top expectations, but CEO warns about 'global economic uncertainty'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

Caterpillar earnings top expectations, but its CEO warns about 'global economic uncertainty.'

fell on Friday after reporting a revenue miss in the fourth quarter, citing "global economic uncertainty."

"We expect continued global economic uncertainty to pressure sales to users in 2020 and cause dealers to further reduce inventories," Umpleby said in a statement. "We have improved our lead times and remain prepared to respond quickly to any positive or negative changes in customer demand."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Like trump they have extreme tax problems!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US

United States United States Latest News, United States United States Headlines