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Caterpillar Inc. Earnings Decline In Q3

Caterpillar Inc. (CAT) revealed a profit for third quarter that declined from last year.

The company's earnings came in at $1.49 billion, or $2.66 per share. This compares with $1.73 billion, or $2.88 per share, in last year's third quarter.

Analysts had expected the company to earn $2.88 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 5.6% to $12.76 billion from $13.51 billion last year.

Caterpillar Inc. earnings at a glance:

-Earnings (Q3): $1.49 Bln. vs. $1.73 Bln. last year.
-EPS (Q3): $2.66 vs. $2.88 last year.
-Analysts Estimate: $2.88
-Revenue (Q3): $12.76 Bln vs. $13.51 Bln last year.

Full year EPS guidance: $10.59 - $11.09

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