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Caterpillar posts earnings of $1.72 a share vs. $1.36 estimate
Analysts had expected Caterpillar to report earnings of $1.36 a share on $13.19 billion in revenue, according to a consensus estimate from Thomson Reuters. The world's largest maker of earth-moving machinery indicated earlier this year that it was seeing weakening sales outside of the United States, including in China and Brazil. The firm, which is based in Illinois, is often regarded as a global bellwether because its sales indicate levels of global construction and mining.