Investing.com – Caterpillar (NYSE:CAT) shares slumped in pre-market trade after the heavy machinery maker reported earnings on Friday.
Specifically, the company reported earnings-per-share (EPS) of $0.67.
Revenue sank by 25.5% to $9.46 billion.
Analysts had forecast EPS of $0.68 on revenue of $9.39 billion.
After the report, shares in Caterpillar traded down 1.98% to $77.10 in the pre-market.