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Caterpillar (CAT) Lags Q3 Earnings and Revenue Estimates
CATCaterpillar(CAT) ZACKS·2024-10-30 12:41

Caterpillar (CAT) came out with quarterly earnings of 5.17pershare,missingtheZacksConsensusEstimateof5.17 per share, missing the Zacks Consensus Estimate of 5.33 per share. This compares to earnings of 5.52pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof−35.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -3%. A quarter ago, it was expected that this construction equipment company would post earnings of 5.53 per share when it actually produced earnings of $5.99, delivering a surprise of 8.32%.Over the last four quarters ...