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Caterpillar shares soar more than 7% on strong earnings beat and yet another raised forecast – CNBC

October 24th, 2017 | Machinery 



CNBC

Caterpillar shares soar more than 7% on strong earnings beat and yet another raised forecast
CNBC
The world’s biggest construction and mining equipment maker reported a 25 percent jump in quarterly revenue on Tuesday. Caterpillar blew past Wall Street’s profit and revenue estimates on surprisingly strong demand for its construction equipment in
Caterpillar sales growing at fastest pace in 5 years; stock surges on profitsChicago Tribune
Caterpillar smashes market estimates as North America sales reboundReuters
Caterpillar beats on earnings and raises 2017 forecast as demand soarsBusiness Insider
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Source: Caterpillar News