Caterpillar earnings beat, Revenue misses in Q3

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Caterpillar earnings beat, Revenue misses in Q3

Investing.com - Caterpillar (NYSE: CAT ) reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.

Caterpillar announced earnings per share of $2.66 on revenue of $12.40B. Analysts polled by Investing.com anticipated EPS of $2.2 on revenue of $12.56B.

Caterpillar shares are up 7% from the beginning of the year and are trading at $196.13 , down-from-52-week-high.They are under-performing the Dow Jones which is up 15.96% year to date.

Caterpillar follows other major Capital Goods sector earnings this month

Caterpillar's report follows an earnings beat by ASML ADR on Wednesday, October 20, 2021, who reported EPS of $4.97 on revenue of $6.1B, compared to forecasts EPS of $4.61 on revenue of $6.19B.

Honeywell had beat expectations on Friday, October 22, 2021 with third quarter EPS of $2.02 on revenue of $8.47B, compared to forecast for EPS of $1.99 on revenue of $8.66B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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