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Caterpillar reports lower Q3 earnings

Credit: REUTERS/MICHAELA REHLE

Caterpillar Inc on Tuesday reported lower third-quarter earnings as equipment sales fell across all three primary segments.

CHICAGO, Oct 27 (Reuters) - Caterpillar Inc CAT.N on Tuesday reported lower third-quarter earnings as equipment sales fell across all three primary segments.

In the third quarter, the heavy equipment maker reported a profit of $1.22 per share compared with $2.66 per share a year ago. Analysts surveyed by Refinitiv, on average, expected earnings of $1.16 per share.

(Reporting by Rajesh Kumar Singh; Editing by Kirsten Donovan)

((rajeshkumar.singh@thomsonreuters.com; +1-312-408-8537; Reuters Messaging: rajeshkumar.singh.thomsonreuters.com@reuters.net))

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