Investing.com reports Caterpillar stock decline due to earnings and revenue falling short of estimates

Investing.com reports Caterpillar stock decline due to earnings and revenue falling short of estimates

Investing.com — Caterpillar Inc. reported third-quarter earnings and revenue that fell short of analyst expectations, sending shares down 5.3% in early trading on Wednesday. The heavy machinery manufacturer posted adjusted earnings per share of $5.17, missing the consensus estimate of $5.35. Revenue for the quarter came in at $16.1 billion, below the $16.37 billion analysts … Read more