Posts Tagged ‘Caterpillar Inc.’

Caterpillar Inc. Reports Earnings

Caterpillar Inc. (CAT) announced today its third-quarter earnings plunged 44 percent. The construction equipment maker also cut its 2013 forecast again, partly because of weaker mining equipment sales. Caterpillar earned $946 million, or $1.45 per share, in the quarter that ended Sept. 30. That compares with $1.7 billion, or $2.54 per share, in last year’s […]

Caterpillar Reports Earnings

Caterpillar reported second-quarter earnings fell 43 percent as dealers cut inventories more than the company expected. The world’s largest maker of construction and mining equipment cut its profit and revenue outlook for the year. Caterpillar reported earnings of $960 million, or $1.45 per share, compared with $1.7 billion, or $2.54 per share a year ago. […]