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Caterpillar announced earnings per share of $3.95 on revenue of $15.00. Analysts polled by Investing.com anticipated EPS of $3.17 on revenue of $14.15B.
Caterpillar shares are down 4% from the beginning of the year, still down 17.21% from its 52 week high of $237.90 set on April 21.
Caterpillar’s report follows an earnings beat by United Parcel Service on Tuesday, who reported EPS of $2.99 on revenue of $24.2B, compared to forecasts EPS of $2.86 on revenue of $24.4B.
Raytheon Technologies had beat expectations on Tuesday with third quarter EPS of $1.21 on revenue of $17B, compared to forecast for EPS of $1.14 on revenue of $17.31B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
