div > div.group > p:first-child"> Here's how they did compared to what Wall Street expected:
Shares of Caterpillar initially rose about 1% in pre-market trading, but were last seen trading about 2% lower. The industrial giant also raised its 2019 profit outlook. Caterpillar said its first quarter tax benefit of $178 million stems from U.S. tax reform. The company previously expected $11.75 a share to $12.75 a share.In January, the stock plunged after Caterpillar reported disappointing fourth-quarter earnings. The equipment manufacturer, considered a proxy for the global economy, said tariffs and a slowdown in sales in China impacted profit.
davidjknight76 well done CaterpillarInc for a good earnings and revenue
So why is this stock down?
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