Caterpillar 3Q Sales Rise 17% to $20.68 Billion
Caterpillar reported third-quarter sales of $20.68 billion, up 17% from a year earlier. CEO Joe Creed cited strong end-market demand and said order rates across its three primary segments drove backlog to a record $78 billion, an increase of approximately $38…
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01:16:15 PM UTC
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CATERPILLAR CEO: HAVE A LINE OF SIGHT ON DEMAND PAST THE ORDER BACKLOG
Caterpillar notches 3Q sales of $20.68 billion, up 17% from last year, on what CEO Joe Creed calls strong end market demand. "Strong order rates across all three of our primary segments drove backlog to a record $78 billion," he says on a call with analysts. "That's an increase of approximately $38…