Caterpillar posts earnings of $1.69 a share vs. $1.52 a share estimate

Analysts had expected Caterpillar to report earnings of $1.52 a share on $14.47 billion in revenue, according to a consensus estimate from Thomson Reuters. The world's largest maker of earth-moving machinery has seen a revival in its business based largely on strong sales in China, even as activity in the U.S. remains relatively stagnant.