Caterpillar (CAT) Tops Q3 EPS by 68c
Caterpillar (NYSE: CAT) reported Q3 EPS of $1.95, $0.68 better than the analyst estimate of $1.27. Revenue for the quarter came in at $11.4 billion versus the consensus estimate of $10.63 billion.
"Higher sales volume and our team's focus on cost discipline resulted in improved profit margins across our three primary segments," said Caterpillar CEO Jim Umpleby.
GUIDANCE:
Caterpillar sees FY2017 EPS of $6.25, versus the consensus of $5.29.
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