Reported about 9 hours ago
Caterpillar Inc. (CAT) fell short of revenue expectations for Q4, although it exceeded earnings per share projections due to robust construction demand. The company anticipates a decline in sales for 2025, attributing this to weakening global demand, with particular concern over slowing growth in the Asia-Pacific region, especially China. Overall, annual sales dropped by 3%, primarily affected by reduced equipment sales.
Source: YAHOO