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Caterpillar, Inc. (CAT) Reports Strong Q3 Results; Lifts FY11 Guidance to High End of Range

October 24, 2011 7:31 AM
Caterpillar, Inc
. (NYSE: CAT) reported Q3 EPS of $1.71, $0.16 better than the analyst estimate of $1.55. Revenue for the quarter came in at $15.72 billion versus the consensus estimate of $15.03 billion.

Raises its FY11 sales guidance from $56-$58 billion to about $58 billion. EPS move from $6.25-$6.75 to about $6.75. The Street is currently looking for sales of $57.92 billion and EPS of $6.59.

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