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Caterpillar beats quarterly estimates

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Caterpillar Inc. today reported higher quarterly earnings than analysts expected.

The Deerfield, Illinois-based company posted $2.97 per share in adjusted profits. Analysts predicted $2.73 per share.

Company officials adjusted its earnings per share range for the year to $11-$12, up from a previous projection of $10.25-$11.25.

Read more from Reuters.

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