January 31, 2020
Caterpillar Reports Fourth-Quarter and Full-Year 2019 Results; Provides Outlook for 2020
- Fourth-quarter sales and revenues down 8%; full-year sales and revenues decreased 2%
- Strong operating cash flow; ended the year with $8.3 billion of enterprise cash
- Returned $1.3 billion to shareholders in the fourth quarter through dividends and share repurchases; returned about $6.2 billion in 2019
- 2020 profit per share outlook range of $8.50 to $10.00
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