Investing.com - Caterpillar (NYSE:CAT)'s fourth quarter earnings adjusted for accounting charges beat expectations.
The machinery maker reported a Q4 adjusted profit per share of $0.83 vs. estimate of $0.66.
Including charges, Caterpillar booked a Q4 loss per share of $2.00 against a loss of $0.16 a year earlier.
Fourth quarter revenues fell to $9.57 bn from $11.03 bn a year earlier.
Caterpillar slightly lowered its guidance for 2017 due to the dollar's strength.
It now sees profit per share of $2.30 on revenues in a range of $36-$39 bn.