Caterpillar's (CAT) Q3 Revenue Falls Short

Caterpillar Inc. CAT reports Q3 EPS $0.85, beats by $0.08.

• Revenue of $9.16 missed by $0.68 billion.
• Caterpillar revised its 2016 sales and revenue to be around $39 billion and profit of $2.35 per share ($3.25 per share excluding restructuring costs).
• Company previously guided its sales and revenue to be in a range of $40.0 to $40.5 billion and profit to be around $2.75 per share ($3.55 per share excluding restructuring costs).
• Preliminary 2017 outlook is calling for sales and revenue to "not be significantly different than 2016."
• Company maintained $0.77 per share dividend.
• Check out the full release here.