Caterpillar reported strong fourth-quarter results on Friday, beating Wall Street expectations, but the company's share prices were down Friday morning.
Caterpillar reported fourth-quarter 2021 sales and revenues were up 23 percent from 2020. Full year sales were 51 billion, up 22 percent from last year.
Adjusted profit per share was $2.69, up from $2.12 cents the previous year.
The company's earnings report didn't provide forward-looking guidance for the year ahead. Financial news site Barron's reports analysts and investors are looking for that information.
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