Caterpillar Inc. Reports Lower Q3 Profit, Exceeding Expectations
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 29 2025
0mins
Should l Buy CAT?
Source: NASDAQ.COM
Earnings Report: Caterpillar Inc. reported third-quarter earnings of $2.300 billion ($4.88 per share), a decrease from $2.464 billion ($5.06 per share) last year, but exceeded analysts' expectations of $4.52 per share.
Adjusted Earnings: Excluding special items, the adjusted earnings for the quarter were $2.328 billion or $4.95 per share.
Revenue Growth: The company's revenue increased by 9.5% to $17.638 billion, up from $16.106 billion in the previous year.
Analyst Expectations: Analysts typically exclude special items in their estimates, which contributed to the positive comparison against the expected earnings per share.
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Analyst Views on CAT
Wall Street analysts forecast CAT stock price to fall
15 Analyst Rating
8 Buy
6 Hold
1 Sell
Moderate Buy
Current: 716.680
Low
395.00
Averages
620.54
High
730.00
Current: 716.680
Low
395.00
Averages
620.54
High
730.00
About CAT
Caterpillar Inc. is a manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The Company operates through its various segments, namely Construction Industries, Resource Industries, and Energy & Transportation. It also provides financing and related services through its Financial Products segment. The Construction Industries segment is primarily responsible for supporting customers using machinery in infrastructure and building construction applications. The Resource Industries segment develops and manufactures high productivity equipment for both surface and underground mining operations, as well as provide hydraulic systems, electronics and software for its machines and engines. The Energy & Transportation segment offers product and services that includes reciprocating engines, generator sets, integrated systems and solutions, turbines and turbine-related services.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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