Caterpillar Inc. , United Airlines Miss Earnings Estimates

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Caterpillar Inc. , United Airlines Miss Earnings Estimates

Caterpillar and United Airlines released their third quarter earnings reports before opening bell this morning. Caterpillar posted adjusted earnings of 75 cents, missing the FactSet consensus estimate of 78 cents per share. Revenue was $11 billion, also missing the consensus estimate of $11.2 billion.

United Airlines reported adjusted earnings of $4.53 per share, coming up short of the analyst estimate of $4.55 per share. Revenue was $10.3 billion, which was in line with Wall Street’s estimate.

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