Caterpillar profit falls as costs weigh
Credit: Caterpillar
Caterpillar Inc on Tuesday reported a drop in quarterly profit as increasing manufacturing costs related to materials and freight pressured the heavy machinery maker’s margins.
Fourth-quarter earnings per share slid by 29%. Adjusted profit for the quarter ended December rose to $3.86 per share from $2.69 a year earlier.
(By Aishwarya Nair; Editing by Maju Samuel)
More News
South32 third-quarter manganese output misses estimates
The world's biggest producer of manganese ore produced 476,000 wet metric tons last quarter.
April 16, 2025 | 03:48 pm
Alcoa reports $20 million tariff hit on imports from Canada
April 16, 2025 | 03:42 pm
{{ commodity.name }}
{{ post.title }}
{{ post.date }}
Comments