Caterpillar results exceed the expectations of the market
October 23, 2009
The company also said that he saw "encouraging signs that indicate that the recovery would be on the way".
Specifically it has announced a net profit for the third quarter 404 million dollars, or 64 cents per share, compared to 868 million dollars, or $1.39 by title, in the same period of the previous year.
Caterpillar also offered its first forecast for 2010. The company expects an increase in sales and earnings of 10 to 25 percent, from 2009 levels.