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Caterpillar (CAT) Q3 Earnings and Revenues Lag Estimates
Caterpillar (CAT) came out with quarterly earnings of $2.66 per share, missing the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $2.86 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -5.67%. A quarter ago, it was expected that this construction equipment company would post earnings of $3.12 per share when it actually produced earnings of $2.83, delivering a surprise of -9.29%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Caterpillar, which belongs to the Zacks Manufacturing - Construction and Mining industry, posted revenues of $12.76 billion for the quarter ended September 2019, missing the Zacks Consensus Estimate by 4.67%. This compares to year-ago revenues of $13.51 billion.
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https://finance.yahoo.com/news/caterpill...11626.html
![[Bild: CATc1dl1530.png]](https://finviz.com/publish/102319/CATc1dl1530.png)
Caterpillar (CAT) came out with quarterly earnings of $2.66 per share, missing the Zacks Consensus Estimate of $2.82 per share. This compares to earnings of $2.86 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -5.67%. A quarter ago, it was expected that this construction equipment company would post earnings of $3.12 per share when it actually produced earnings of $2.83, delivering a surprise of -9.29%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Caterpillar, which belongs to the Zacks Manufacturing - Construction and Mining industry, posted revenues of $12.76 billion for the quarter ended September 2019, missing the Zacks Consensus Estimate by 4.67%. This compares to year-ago revenues of $13.51 billion.
...
https://finance.yahoo.com/news/caterpill...11626.html
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