U.S. Markets closed
  • S&P 500

    3,629.65
    -5.76 (-0.16%)
     
  • Dow 30

    29,872.47
    -173.77 (-0.58%)
     
  • Nasdaq

    12,094.40
    +57.62 (+0.48%)
     
  • Russell 2000

    1,845.02
    -8.51 (-0.46%)
     
  • Crude Oil

    44.99
    -0.72 (-1.58%)
     
  • Gold

    1,808.50
    +3.00 (+0.17%)
     
  • Silver

    23.31
    -0.06 (-0.24%)
     
  • EUR/USD

    1.1915
    -0.0004 (-0.0357%)
     
  • 10-Yr Bond

    0.8780
    -0.0040 (-0.45%)
     
  • Vix

    21.25
    -0.39 (-1.80%)
     
  • GBP/USD

    1.3356
    -0.0026 (-0.1977%)
     
  • USD/JPY

    104.2440
    -0.1960 (-0.1877%)
     
  • BTC-USD

    17,124.54
    -854.63 (-4.75%)
     
  • CMC Crypto 200

    334.75
    -35.77 (-9.65%)
     
  • FTSE 100

    6,362.93
    -28.16 (-0.44%)
     
  • Nikkei 225

    26,537.31
    +240.45 (+0.91%)
     

Recap: Caterpillar Q3 Earnings

Benzinga Insights
·1 min read

Shares of Caterpillar (NYSE:CAT) fell 1.4% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share fell 49.62% year over year to $1.34, which beat the estimate of $1.12.

Revenue of $9,881,000,000 decreased by 22.55% year over year, which beat the estimate of $9,800,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

View more earnings on CAT

Caterpillar hasn't issued any revenue guidance for the time being.

Price Action

Company's 52-week high was at $171.26

Company's 52-week low was at $87.50

Price action over last quarter: Up 23.46%

Company Profile

Caterpillar is an iconic manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment with approximately 16% of global market share in 2019. The company is divided into four reportable segments: construction industries, resource industries, energy & transportation, and Caterpillar Financial Services. Its products are available through a dealer network that covers the globe with over 2,000 branches maintained by 165 dealers. Caterpillar Financial Services provides financing to its customers and dealers, generating approximately 9% of operating profit.

See more from Benzinga

© 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.