Replies to post #18417 on The Rising Influence of Rising Affluence

[DewDiligence]

CAT 1Q19 CC slides:

https://caterpillar.gcs-web.com/static-files/d31d8b6a-5860-40a2-84a2-e57710743da9

[DewDiligence]

CAT—(-4%)—weak US oil/gas sales and China construction sales cause softer 2019 guidance:

https://finance.yahoo.com/news/caterpillar-reports-second-quarter-2019-113000952.html

Full-year profit per share outlook range is maintained at $12.06 to $13.06; the company currently expects to be at the lower end of this range

In other words, they lowered guidance without lowering guidance, LOL.