Caterpillar adjusted profit rises on steady demand-February 2024-www.financetom.com

Caterpillar adjusted profit rises on steady demand

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Caterpillar adjusted profit rises on steady demand

Apr 25, 2024 3:50 AM

April 25 (Reuters) -

Caterpillar ( CAT ) posted a rise in quarterly adjusted

profit on Thursday as steady infrastructure spending in the

United States drove demand for construction equipment and heavy

machinery.

The company reported an adjusted per-share profit of $5.60

for the first quarter, up from $4.91 a year earlier.

(Reporting by Deborah Sophia in Bengaluru; Editing by Saumyadeb

Chakrabarty)

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