Caterpillar 3Q Operating Profit Rises 38% to $4.2 Billion
Sales and revenues rose 17% to $20.7 billion as higher equipment sales to end users and favorable price realization outweighed about $600 million in tariff costs. Caterpillar recovered $128 million.
Caterpillar's third-quarter operating profit rose 38% to $4.2 billion as higher sales volume outweighed about $600 million in tariff costs. Sales and revenues climbed 17% to $20.7 billion, driven by increased equipment sales to end users and favorable price realization. The company recovered $128 m…