MW Caterpillar sees Q2 tariff impact of up to $350 million on costs
Caterpillar Inc.' stock $(CAT)$ was down 1.9% in premarket trading on Wednesday after the earth-moving equipment maker said it expects tariffs to increase its second-quarter costs by up to $350 million.
For full-year 2025 with tariffs, Caterpillar said it expects sales and revenues to be down slightly compared to 2024, which is in-line with its earlier guidance.
Excluding tariffs, Caterpillar expects "about flat" sales and revenues for full-year 2025, which is ahead of its previous expectations of down slightly.
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April 30, 2025 06:43 ET (10:43 GMT)
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