Caterpillar (CAT) Q3: revenue above expectations, record backlog and higher margins
FROM THE WIRE · FINANCE.YAHOO.COM
CAT Q3 deep dive: capacity expansion and backlog growth shape outlook amid market caution Construction equipment company Caterpillar (NYSE:CAT) reported Q3 2026 results topping the market's revenue expectations , with sales up 17.3% year on year to $20.68 billion. Its non-GAAP…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above expectations and a record backlog support the outlook, although market caution persists.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Caterpillar reported sales of $20.68 billion, up 17.3% year on year.
- 02Adjusted EPS of $7.20 was 2.4% above analysts' consensus estimates.
- 03The operating margin rose to 20.4% from 17.3% in the same quarter last year.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets