Caterpillar (CAT) Posts Fourth-Quarter Loss, Trims 2017 Profit Outlook - TheStreet

Caterpillar Posts Fourth-Quarter Loss, Trims 2017 Profit Outlook

Caterpillar posted a wider fourth-quarter loss than expected and trimmed its 2017 profit outlook.
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Caterpillar (CAT) - Get Report shares are lower Thursday after the maker of construction machinery posted a wider fourth-quarter loss than expected and trimmed its 2017 profit outlook. Caterpillar reported a fourth-quarter loss of $2 a share on sales of $9.6 billion. Analysts were calling for sales of $9.94 billion.