By Amber Burton

Caterpillar Inc. (CAT) reported better-than-anticipated adjusted earnings, but sales fell short of expectations.

The maker of bulldozers and excavators said its fourth-quarter earnings were $1.1 billion, or $1.97 a share, compared with $1.05 billion, or $1.78 a share a year earlier.

Adjusted earnings were $2.63 a share. Analysts polled by FactSet were expecting adjusted earnings of $2.38 a share.

Total revenue was $13.14 billion, down from $14.34 billion a year earlier.

Analysts were expecting revenue of $13.48 billion.

Write to Amber Burton at amber.burton@wsj.com

(END) Dow Jones Newswires

January 31, 2020 06:58 ET (11:58 GMT)

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