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The message from the US machine tool giant on success in the last quarter gave a lecture to competitors in Swedish workshops.
American Caterpillar, a maker of construction machinery and engines, posted adjusted earnings per share of $ 2.97 for the second quarter of 2018. [19659003] According to Bloomberg's average forecast, analysts' expectations were slightly better than those of analysts.
According to Bloomberg, sales were $ 14.0 billion, in line with expectations. Caterpillar more than expected. The forecast for the year 2018 for adjusted earnings per share is raised to 11: 00-12: 00 dollars, up from the previous rating of 10.25-11.25 dollars, which in turn was an increase from 8:25 to 9:25 dollars per share. According to Bloomberg, analysts believed the ratio of earnings per share adjusted to $ 10:85.
Caterpillar competes with major Swedish engineering companies such as Volvo, Sandvik and Epiroc. The shares of Swedish companies took a bigger hit in Monday's trading.
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