Caterpillar Crushes Q3 Earnings Thanks to AI Data Center Boom
Caterpillar exceeds Q3 profit estimates with $4.95 per share earnings, driven by surging demand for energy equipment needed to power AI data centers. Revenue hits $17.6B.
Caterpillar exceeds Q3 profit estimates with $4.95 per share earnings, driven by surging demand for energy equipment needed to power AI data centers. Revenue hits $17.6B.
Caterpillar recently increased its tariff impact forecast for 2025 to $1.5-$1.8 billion, causing a stock dip. Despite this, Wall Street analysts remain largely optimistic.
Caterpillar's Q2 2025 adjusted earnings of $4.72/share missed estimates due to price declines & tariffs. Full-year tariff impact expected up to $1.5B. Demand remains resilient.