Caterpillar's Q3 Results Fail to Ease AI Infrastructure Jitters
Caterpillar's third-quarter revenue rose 17% to $20.68 billion, while adjusted earnings of $7.20 per share exceeded the $7.08 estimate, according to TechNews; Bloomberg Technology characterized both earnings and sales as modest beats. The company maintained its full-year revenue growth outlook of roughly 15% to 19%, while its backlog reached a record $78.1 billion and large turbogenerator engine orders were booked through 2030. Shares fell 9.25% to $647.39 as TechNews cited cost pressure and uncertainty about continued AI infrastructure investment.
Caterpillar's results and record backlog show substantial exposure to data-center power and construction equipment demand, while the sharp share-price decline reflects investor concern about costs and the durability of the AI infrastructure boom.
美國工業機械大廠開拓重工（Caterpillar）上季營收遜於預期，且未上修全年營收展望，成本壓力與 AI 投資持續性的疑慮也壓抑市場信心；財報公布後股價重挫一成。
綜合外媒報導，開拓重工29日公布，第三季營收年增17%至206.8億美元，低於市場預期的207.6億美元，增幅較前季的24%放緩。經調整每股盈餘7.20美元，高於LSEG統計的分析師預估值7.08美元，但擊敗預期的幅度為逾一年來最小。