- Caterpillar Q3 sales: $20.68 billion, up 17% YoY
- Sales missed Wall Street expectations
- Order backlog reached a record $78 billion, up 96% YoY
Caterpillar reported Q3 sales of $20.68 billion, up 17% YoY but below sky-high expectations. Shares dropped 12% pre-market despite a record $78 billion order backlog and strong data center demand.
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