WATCH TV LIVE

Tags:

Caterpillar Cuts 2015 Earnings Forecast, Citing Slowing Growth

REUTERS Monday, 24 September 2012 04:08 PM EDT

By Ernest Scheyder

LAS VEGAS, Sept 24 (Reuters) - Caterpillar Inc, the world's largest maker of earth-moving equipment, has cut its 2015 earnings forecast, citing weak economic conditions around the world, according to a presentation the company will make on Monday.

The company expects to earn $12 to $18 per share in 2015. Caterpillar had previously forecast 2015 earnings of $15 to $20 per share. (Editing by Phil Berlowitz)

Click Here to comment on this article

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

Yes, Send Me News Alerts via email

(Optional for Local News)

Privacy: We never share your email address.

Join the Newsmax Community

Read and Post Comments
Please review Community Guidelines before posting a comment.

TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.