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Caterpillar's 2nd Quarter Numbers Below Expectations

Caterpillar released numbers for the 2nd quarter of 2013 early Tuesday morning, below expectations.

Big Yellow's numbers are below expectations in the second quarter of 2013.

Caterpillar's sales and revenues were $14.6 billion.

That's down from $17.3 at the same time last year.

Profit per share was a $1.45 - That's also down from the second quarter of last year, when it was $2.54.

Overall profit was also down from $1.7 billion to $960 million.

Caterpillar revised its 2013 outlook to a profit-per-share of $6.50, down 50 cents from previous estimates. 

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