Caterpillar Earnings Hit By Tariffs and Lower Demand in China

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ThePitBoss
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[size=5][b]Caterpillar reports earnings Wednesday morning before the opening bell.
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Wall Street expects $2.91 EPS and $13.4 billion in sales.

Morgan Stanley last Friday downgraded the stock to “equal weight” from “overweight,” forecasting more downside risks to its construction and transportation segments.