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EYE ON CAT: Company releases 3rd quarter numbers

Sales and revenues are up more than $2 billion from a year ago

PEORIA, Ill - Caterpillar's numbers are above expectations in the third quarter of this year.

Sales and revenues were $11.4 billion dollars. That's up from $9.2 billion at this time last year.

Profit's per share are about $1.95. That's also up from this time last year when it was just $0.85 cents.

“Higher sales volume and our team's focus on cost discipline resulted in improved profit margins across our three primary segments,” said Caterpillar CEO Jim Umpleby.

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