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Strategies & Market Trends : Value Investing

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To: - with a K who wrote (21163)7/21/2005 10:19:23 AM
From: - with a K  Read Replies (1) of 78705
 
Caterpillar Tops 2Q Street Targets -- Guides 2005 Above Street
08:05 a.m.

Boston, Jul 21, 2005 (MidnightTrader via COMTEX) -- Caterpillar (CAT) today reported 2Q EPS of $1.08 on revenue of $9.36 billion. The FC mean was for EPS of $1.01 on revenue of $8.409 billion.

Caterpillar said it has raised its 2005 guidance and now expects profit of $4-$4.20 per share; the FC mean is $3.96. Caterpillar said revenue is forecast up 18%-20% from 2004.
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