Caterpillar (CAT) reported Q4 adjusted earnings Thursday of $5.14 per share, down from $5.23 a year earlier.
Analysts surveyed by FactSet expected $5.02.
Revenue for the quarter ended Dec. 31 was $16.22 billion, down from $17.07 billion a year earlier.
Analysts surveyed by FactSet expected $16.61 billion.
Caterpillar shares were down more than 3% in recent premarket trading.
Price: 379.95, Change: -13.28, Percent Change: -3.38