A Trio Of Twisted Numbers… And How To Get Beyond The Fluff
Jul 23rd, 2009 | By Marc Lichtenfeld | Category: Featured, Stock Market InvestingI want to expand on my colleague Martin Denholm’s excellent piece yesterday about the spin on Caterpillar’s(NYSE: CAT) earnings. As Martin mentioned, don’t take a company’s quarterly results at face value. Earnings and guidance are very conservative this year, so it shouldn’t come as a shock when a company beats its projections.