Tag: $Caterpillar

Caterpillar reported weaker-than-expected third-quarter results, sending shares lower in early trading on Wednesday.

Shares of Caterpillar Inc. bounced off a six-month low in Tuesday premarket trading, after the construction- and mining-equipment company reported another quarterly adjusted profit that rose above expectations, amid strength in its energy and transportation business.

Shares of Caterpillar Inc. shot up further into record territory Monday, after the maker of construction and mining equipment reported fourth-quarter profit that rose well above forecasts, with particular strength in its energy and transportation business.

Machinery giant Caterpillar 1.51%smashed earnings expectations again. But orders backlog fell. Investors will have to decide whether strong performance now is enough to overcome their fears about the global economy down the road.

Caterpillar CAT +1.82% crushed Wall Street’s earnings estimates for the second quarter but the stock wasn’t doing much in early trading. Investors weren’t worried about this quarter. They are worried about the economic cycle.