Caterpillar (CAT): Q4 EPS of $2.32 beats by $0.55. Revenue of $17.2B (+34.6% Y/Y) beats by $1.15B. Caterpillar's (CAT) Q4: Segment revenue growth led by Construction Industries with a 45% Y/Y gain and Resource Industries 80% higher. Regional growth led by Asia/Pacific +45% Y/Y to $14.99B and Latin America +41% to $8.6B. Expects 2012 revenue of $68B-$72B, including results from Bucyrus and MWM. Sees EPS of $9.25 for 2012 based on the midpoint of its sales range. Caterpillar (CAT) weighs in on the global economy in its Q4 report - as part of its unique peek under the hood of the engine for economic activity. The multinational sees world GDP increasing to 3.3% in 2012, WTI crude averaging $100 a barrel, and copper prices moving to over $4 per pound. Shares of CAT are +3% premarket - now trading at 7-month highs
Caterpillar (CAT) resistance level is $115 and support level is $105.
Caterpillar (CAT) resistance level is $115 and support level is $105.
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