Caterpillar Inc. (NYSE:CAT) , the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives, reported fourth-quarter 2017 results, wherein adjusted earnings of $2.16 surpassed the Zacks Consensus Estimate of $1.77 by a margin of 22%.
Caterpillar, Inc. (CAT): Free Stock Analysis Report
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Zacks Investment Research
Revenue: Caterpillar posted revenues of $12.9 billion, handily beating the Zacks Consensus Estimate of $11.9 billion.
Earnings Estimates Revision: The Zacks Consensus Estimate for fourth quarter has gone up 2% over the past 30 days. In the trailing four quarters, excluding quarter under review, the company’s earnings have surpassed the Zacks Consensus Estimate by an average of nearly 53%.
Caterpillar, Inc. Price and EPS Surprise
Caterpillar, Inc. Price and EPS Surprise
Caterpillar, Inc. (CAT): Free Stock Analysis Report
Original post
Zacks Investment Research