© Reuters. Caterpillar Earnings Beat, Revenue Misses In Q3
Investing.com – Caterpillar (NYSE:) reported on Thursday third quarter that beat analysts’ forecasts and income that fell wanting expectations.
Caterpillar introduced earnings per share of $2.66 on income of $12.40B. Analysts polled by Investing.com anticipated EPS of $2.2 on income of $12.56B.
Caterpillar shares are up 7% from the start of the yr, nonetheless down 20.50% from its 52 week excessive of $246.69 set on June 4. They are under-performing the Dow Jones which is up 15.96% from the beginning of the yr.
Caterpillar follows different main Capital Goods sector earnings this month
Caterpillar’s report follows an earnings beat by ASML ADR on October 20, who reported EPS of $4.97 on income of $6.1B, in comparison with forecasts EPS of $4.61 on income of $6.19B.
Honeywell had beat expectations on October 22 with third quarter EPS of $2.02 on income of $8.47B, in comparison with forecast for EPS of $1.99 on income of $8.66B.
Stay up-to-date on all the upcoming earnings studies by visiting Investing.com’s earnings calendar
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