Earnings9:09 AM ET

Caterpillar Beats Q3 Estimates but Holds Guidance, Stock Drops 10%

By BORSA NewsroomPublished Oct 29, 2026, 9:09 AM EDTUpdated Oct 29, 2026, 9:10 AM EDT

Caterpillar reported Q3 earnings above estimates but maintained full-year guidance, ending its beat-and-raise streak. The stock fell 10% in premarket as investors wanted more, reflecting nervousness about AI demand and macro headwinds.

Sentimentbearish 30

Bearish · 30 of 100

Impact60

medium · sector-wide

Confidence80%

high confidence · single wire

Eventdeveloping

v1 · alerted to followers

WHAT WE KNOW

Caterpillar Q3 EPS $7.20 vs estimate $7.06.
Q3 sales $20.7B vs estimate $20.8B.
Operating margin 20.6%, beat by 1 ppt.