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Caterpillar Posts Upbeat Q3 Results, Joins United Therapeutics, Centene, Fortive And Other Big Stocks Moving Higher On Wednesday - Axogen (NASDAQ:AXGN), Bloom Energy (NYSE:BE)
Benzinga·2025-10-29 22:46

U.S. stocks were higher, with the Dow Jones index gaining around 200 points on Wednesday.Shares of Caterpillar Inc (NYSE:CAT) rose sharply during Wednesday's session after the company reported better-than-expected third-quarter financial results.Sales and revenues climbed 10% year over year to 17.64billion,beatinganalystestimatesof17.64 billion, beating analyst estimates of 16.77 billion, compared with 16.1billioninthesamequarterlastyear.Adjustedearningspersharecameinat16.1 billion in the same quarter last year.Adjusted earnings per share came in at 4.95, ahead of the 4.52estimate,thoughslightlybelow4.52 estimate, though slightly below ...