Company News: Caterpillar (CAT) quarterly results beat analysts’ estimates

Market news

27 October 2020

Company News: Caterpillar (CAT) quarterly results beat analysts’ estimates

Caterpillar (CAT) reported Q3 FY 2020 earnings of $1.34 per share (versus $2.66 per share in Q3 FY 2019), beating analysts’ consensus estimate of $1.17 per share.

The company’s quarterly revenues amounted to $9.881 bln (-22.6% y/y), beating analysts’ consensus estimate of $9.780 bln.

CAT fell to $160.99 (-1.35%) in pre-market trading.

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