×

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

By Thomson Reuters Oct 29, 2025 | 5:38 AM

(Reuters) -Caterpillar 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)