Caterpillar Inc. (CAT) released a profit for fourth quarter that Drops, from the same period last year
The company's bottom line came in at $2.402 billion, or $5.12 per share. This compares with $2.791 billion, or $5.78 per share, last year.
Excluding items, Caterpillar Inc. reported adjusted earnings of $2.422 billion or $5.16 per share for the period.
The company's revenue for the period rose 18.0% to $19.133 billion from $16.215 billion last year.
Caterpillar Inc. earnings at a glance (GAAP) :
-Earnings: $2.402 Bln. vs. $2.791 Bln. last year.-EPS: $5.12 vs. $5.78 last year.-Revenue: $19.133 Bln vs. $16.215 Bln last year.
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