Caterpillar increases third-quarter revenue by 17%

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Facts. On October 29, Caterpillar reported quarterly sales and revenue of $20.7 billion, up 17% year over year. Profit per share was $7.13 under GAAP and $7.20 adjusted.

Why it matters. The results offer insight into demand for machinery, energy and infrastructure.

Rockstar Briefing analysis. The quarter showed growth, but future orders and margins depend on its end markets. Adjusted profit is not the same as GAAP earnings.

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