Investopedia: CAT's Costs Rising, But Revenue Rising Faster

This summer saw almost indiscriminate selling across the industrial stock sectors. Companies like Caterpillar (NYSE:CAT), Cummins (NYSE:CMI), Eaton (NYSE:ETN), and Dover (NYSE:DOV) were all swept up in this rush to sell, even though the underlying businesses are so very different. As Caterpillar reminded the Street with its earnings report, the global construction and mining business is still quite healthy and there is plenty of business left to be done.

Solid Third Quarter Results  
Analyst estimates on CAT fell more than 10%, in the weeks and months before the earnings report, and the company did well, relative to those lowered expectations. Revenue, excluding finance, rose 44% as reported, or 11% on a sequential basis, and 28% on an organic basis; virtually all of that growth came from increased volume. Including the finance operations, consolidated revenue rose 41%.

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http://stocks.investopedia.com/stock-analysis/2011/CATs-Costs-Rising-But-Revenue-Rising-Faster-CAT-CMI-VOLVY.PK-CNH-KMTUY.PK-JOYG-RTP1027.aspx