Caterpillar reports q1 earnings per share $1.98

Caterpillar reports first-quarter 2020 results.q1 earnings per share $1.98.q1 sales $10.64 billion versus refinitiv ibes estimate of $10.92 billion.q1 earnings per share estimate $1.69 -- refinitiv ibes data.caterpillar - not providing a financial outlook for 2020 at this time.caterpillar - financial results for the remainder of 2020 will be impacted by continued global economic uncertainty due to the covid-19 pandemic.caterpillar - at the end of the first quarter, past dues at cat financial were 4.13%, compared with 3.61% at the end of the first quarter of 2019.caterpillar - as of march 31, cat financial's allowance for credit losses totaled $457 million versus $424 million at dec 31, 2019.caterpillar - reducing discretionary expenses, suspending 2020 base salary increases & short-term incentive compensation plans.caterpillar - as of mid-april 2020, globally and across three primary segments, about 75% of co's primary production facilities continue to operate.caterpillar - operating profit margin was 13.2% for the first quarter of 2020, compared with 16.4% for the first quarter of 2019.
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