for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Markets News

Caterpillar reports lower Q3 earnings

CHICAGO, Oct 27 (Reuters) - Caterpillar Inc on Tuesday reported lower third-quarter earnings as equipment sales fell across all three primary segments.

In the third quarter, the heavy equipment maker reported a profit of $1.22 per share compared with $2.66 per share a year ago. Analysts surveyed by Refinitiv, on average, expected earnings of $1.16 per share. (Reporting by Rajesh Kumar Singh; Editing by Kirsten Donovan)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up