Caterpillar: Q3 Earnings Snapshot

IRVING, Texas (AP) — IRVING, Texas (AP) — Caterpillar Inc. (CAT) on Thursday reported third-quarter profit of $3.29 billion.

The Irving, Texas-based company said it had profit of $7.13 per share. Earnings, adjusted for restructuring costs, were $7.20 per share.

The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $7.12 per share.

The construction equipment company posted revenue of $20.68 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $20.58 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CAT at https://www.zacks.com/ap/CAT