Caterpillar Q3 Revenue Rises 17% to $20.68 Billion, Missing Estimates
Caterpillar said third-quarter revenue rose 17% to $20.68 billion, below analyst estimates and down from 24% growth in the prior quarter.
By Connor HartCaterpillar continues to grow, just not fast enough for Wall Street.The industrial-equipment maker said revenue rose 17% to $20.68 billion in the third quarter, missing analyst estimates and marking a sequential slowdown from the 24% gain the company logged three months prior.Much of…