Caterpillar Shares Fall Despite Third-Quarter Revenue Beat

Caterpillar shares fell after it reported third-quarter revenue of $20.7 billion on October 29, 2026, up 17% and above the $20.55 billion analyst forecast. Quarterly profit also topped the company's own outlook. The revenue beat was about $150 million, under 1% of forecast. The reporting does not say why the stock dropped.