Jacob Lorinc

2 weeks ago | financialpost.com | Jacob Lorinc |Joseph Deaux

Advertisement 1Caterpillar Inc. expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half. Article content(Bloomberg) — Caterpillar Inc. expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half. Sign In or Create an AccountArticle contentWe apologize, but this video has failed to load.

2 weeks ago | ttnews.com | Jacob Lorinc |Joseph Deaux

Government Business Equipment April 30, 2025 11:23 AM, EDT Q1 Results Fall Short of Analysts’ Estimates Caterpillar is a bellwether for the health of the global economy. (Caterpillar Inc.) [Stay on top of transportation news: Get TTNews in your inbox.] Caterpillar Inc. expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half.

2 weeks ago | bloomberglinea.com.br | Jacob Lorinc |Joseph Deaux |Joe Deaux |Angus Mordant

Bloomberg — A Caterpillar espera vendas ligeiramente menores este ano, se as tarifas do governo Trump permanecerem em vigor e a economia entrar em recessão no segundo semestre. A orientação, em linha com as expectativas anteriores, veio no momento em que a fabricante de equipamentos pesados divulgou lucros do primeiro trimestre que ficaram aquém das estimativas dos analistas.

2 weeks ago | news.bloombergtax.com | Jacob Lorinc |Joseph Deaux |Joe Deaux

Caterpillar Inc. expects slightly lower sales this year if Trump administration tariffs remain in place and the economy dips into a recession in the second half. The guidance, in line with previous expectations, came as the heavy-equipment maker posted first-quarter earnings that fell short of analysts’ estimates. The company painted two scenarios in its results’ presentation, forecasting operating profit to be within its annual target range if factoring in tariffs and a recession.

2 weeks ago | news.bloomberglaw.com | Jacob Lorinc |Joseph Deaux

Caterpillar Inc. reported first-quarter profit that trailed analysts’ expectations amid falling sales volumes for the company’s iconic yellow diggers and bulldozers. The heavy-equipment maker posted adjusted earnings per share of $4.25, missing the $4.32 average estimate of analysts polled by Bloomberg. Caterpillar is seen as a bellwether to the health of the global economy because its equipment is used for construction, mining, energy and transportation on every continent.