Company News: Caterpillar (CAT) Q3 results miss consensus

Market news

22 October 2015

Company News: Caterpillar (CAT) Q3 results miss consensus

Caterpillar reported Q3 earnings of $0.75 per share (versus $1.72 in Q3 FY 2014), missing analysts' consensus of $0.79.

Its revenues amounted to $10.962 bln (-19.1% y/y), missing consensus estimate of $11.196 bln.

The company expects FY15 EPS of $4.60 (slightly below consensus of $4.67) and revenues of $48 bln (in line with consensus).

CAT fel to $67.50 (-2.03%) in pre-market trading.

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