UBS Lowers PT on Caterpillar (CAT) Following Q3 Results; Top-Line Growth Seen Muted in FY15

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Go back to UBS Lowers PT on Caterpillar (CAT) Following Q3 Results; Top-Line Growth Seen Muted in FY15

Caterpillar (CAT) Tops Q3 EPS by 36c; Boosts FY14 EPS Outlook

October 23, 2014 7:31 AM EDT

Caterpillar (NYSE: CAT) reported Q3 EPS of $1.72, $0.36 better than the analyst estimate of $1.36. Revenue for the quarter came in at $13.55 billion versus the consensus estimate of $13.19 billion.

"We're pleased with the third-quarter profit improvement considering world economic growth remains slower than we'd like. We've continued to focus on what we can control cost management and operational execution. We continue on a Lean... More