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0 0 0.00276625172890727 0.00492738589211612 0.00795297372060859 -0.00414937759336103 -0.0088174273858922 -0.0143067081604426
Stock impact report

Caterpillar profit plunges 46% on coronavirus fallout [Toronto Globe and Mail (Ontario, Canada)]

Caterpillar, Inc. (CAT) 
Last caterpillar, inc. earnings: 4/28 06:30 am Check Earnings Report
US:NYSE Investor Relations: caterpillar.com/en/investors.html
Caterpillar profit plunges 46% on coronavirus fallout Equipment sits at Caterpillar's small-wheel loader assembly plant in Clayton, N.C., on Aug. 29, 2018. Rajesh Singh/Reuters Equipment sits at Caterpillar's small-wheel loader assembly plant in Clayton, N.C., on Aug. 29, 2018. Caterpillar Inc on Tuesday reported a 46 per cent annual drop in first-quarter earnings, with sales falling across all its primary business segments, highlighting the economic devastation caused by the coronavirus pandemic. The world’s biggest construction and mining equipment maker reported an adjusted profit of $1.60 per share, down from $2.94 a year earlier and below the $1.69 forecast by analysts on average, Refinitiv Eikon data showed. It did not provide a 2020 financial outlook citing the pandemic. As of mid-April, the company said about 75 per cent of its primary production facilities were in operation. it said some facilities which were temporarily closed had reopened. Caterpillar said its enterprise Show less Read more
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