This news article was originally written in Spanish. It has been automatically translated for your convenience. Reasonable efforts have been made to provide an accurate translation, however, no automated translation is perfect nor is it intended to replace a human translator. The original article in Spanish can be viewed at Los resultados de Caterpillar superan las expectativas del mercado
Caterpillar results exceed the expectations of the market
23/10/2009
October 23, 2009
The manufacturer of heavy machinery Caterpillar Inc. recently announced third quarter earnings that exceeded expectations and raised its forecast for the whole year.
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.
