Caterpillar Non-GAAP EPS of $5.17 misses by $0.18, revenue of $16.1B misses by $140M
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- Caterpillar press release (NYSE:CAT): Q3 Non-GAAP EPS of $5.17 misses by $0.18.
- Revenue of $16.1B (-4.2% Y/Y) misses by $140M.
- Enterprise operating cash flow was $3.6 billion in the third quarter of 2024
- Total sales and revenues for the third quarter of 2024 were $16.106 billion, a decrease of $704 million, or 4%, compared with $16.810 billion in the third quarter of 2023. The decrease was primarily due to lower sales volume of $759 million. The decrease in sales volume was mainly driven by lower sales of equipment to end users.