Tuesday, July 21, 2009
more revenue misses
Coke - $8.27B in revenues vs estimates of $8.66B. A $400MM MISS.
Caterpillar - $7.98B in revenues vs estimates of $8.86B. Nearly a $1B MISS.
DuPont - $7B in revenues vs estimates of $7.15B. A $150MM MISS.
United Technologies - $13.2B vs estimates of $13.92B. A $700MM MISS.
caterpillar is particularly frightening -- that is a massive revenue miss for a very cyclical but excellently managed company.
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