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Caterpillar's third-quarter profit drops on weak US construction activity, tariffs

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Caterpillar's third-quarter profit drops on weak US construction activity, tariffs

Oct 29, 2025 4:03 AM

(Reuters) -Caterpillar ( CAT ) reported a lower third-quarter profit on Wednesday, hit by weak construction activity in the U.S. and tariffs imposed by the Trump administration.

The company, seen as a bellwether for the global industrial economy, reported an adjusted per share profit of $4.95, down from $5.17 a year earlier.

(Reporting by Nandan Mandayam and Nathan Gomes in Bengaluru; Editing by Shinjini Ganguli)

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