Caterpillar Says Tariff Costs Will Shrink 2Q Profit Margin -- Market Talk

Dow Jones

2025/04/30

0748 ET - Caterpillar expects $250 million to $350 million in 2Q expenses from tariffs. The construction equipment manufacturer says tariffs and smaller price increases than last year will pull down the company's 2Q operating profit margin from the same quarter in 2024. The company expects sales and profit for 2Q to be similar to 2Q in 2024. Shares up 2.4% at $314.87 a share in premarket trading. (robert.tita@wsj.com)

(END) Dow Jones Newswires

April 30, 2025 07:48 ET (11:48 GMT)

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