Caterpillar jumps after record EPS beats estimates on rising sales

Oct. 27, 2022 6:59 AM ETCaterpillar Inc. (CAT)SP500By: Rob Williams NY, SA News Editor1 Comment

Caterpillar (NYSE:CAT) jumped as much as 9.1% on Thursday after reporting a record profit for Q3 on higher sales and better prices for its construction and heavy equipment.

Its adjusted earnings of $3.95 a share for Q3 beat Wall Street estimates

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