Caterpillar, a key industrial player, reported a sharp year-over-year decline in both profit and revenue, falling short of Wall Street expectations. Known as a bellwether for the construction, mining, and energy industries, Caterpillar has issued a cautious forecast. The company expects 2025 sales and revenue to remain flat in a no-tariff scenario, but to decline modestly if current tariffs persist.
Tariff Turbulence: How uncertainty is reshaping corporate forecasts – Uncertain Economic Landscape
