Cat Financial Announces 3Q 2024 Results
October 31, 2024
October 31, 2024
PEORIA, Illinois, Oct. 31 -- Caterpillar, a manufacturer of construction and mining equipment, issued the following news release:
Cat Financial reported third-quarter 2024 revenues of $888 million, an increase of $42 million, or 5%, compared with $846 million in the third quarter of 2023. The increase in revenues was primarily due to a favorable impact from higher average earning assets of $34 million and a favorable impact from higher average financing rates of $23 million. Third-q . . .
Cat Financial reported third-quarter 2024 revenues of $888 million, an increase of $42 million, or 5%, compared with $846 million in the third quarter of 2023. The increase in revenues was primarily due to a favorable impact from higher average earning assets of $34 million and a favorable impact from higher average financing rates of $23 million. Third-q . . .