- Company News: Caterpillar (CAT) Q3 results beat analysts’ forecasts
Market news
23 October 2018
Company News: Caterpillar (CAT) Q3 results beat analysts’ forecasts
Caterpillar (CAT) reported Q3 FY 2018 earnings of $2.86 per share (versus $1.95 in Q3 FY 2017), beating analysts' consensus estimate of $2.85.
The company's quarterly revenues amounted to $13.510 bln (+18.4% y/y), beating analysts' consensus estimate of $13.277 bln.
The company also reaffirmed FY 2018 EPS guidance at $11.0-12.0 versus analysts' consensus estimate of $11.66.
CAT fell to $119.82 (-6.91%) in pre-market trading.
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