Caterpillar Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Caterpillar Inc. (CAT) announced a profit for third quarter that fell from last year.

The company's bottom line totaled $0.67 billion, or $1.22 per share. This compares with $1.49 billion, or $2.66 per share, in last year's third quarter.

Analysts had expected the company to earn $1.12 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 22.6% to $9.88 billion from $12.76 billion last year.

Caterpillar Inc. earnings at a glance:

-EPS (Q3): $1.34 vs. $2.66 last year. -Analysts Estimate: $1.12 -Revenue (Q3): $9.88 Bln vs. $12.76 Bln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for Smart Investing to get the latest news, strategies and tips to help you invest smarter.