Caterpillar Shares Fall After Third-Quarter Beat

Caterpillar reported third-quarter revenue of $20.7 billion on October 29, 2026, up 17% and above the $20.55 billion analyst forecast, and topped its quarterly profit view. Its shares nonetheless fell after the results were released. The revenue margin over forecast was about $150 million, under 1%. The reasons for the drop are not stated in the reporting.