Caterpillar Raises 2024 Profit Outlook Amid Strong Margins, Sales May Dip
Caterpillar Inc., the global heavyweight in heavy machinery manufacturing, has revised its profit forecast for 2024, now expecting adjusted profits to surpass earlier projections. As a key economic indicator for industries such as construction, mining, energy, and transportation, the company anticipates profit margins to exceed target ranges, though overall sales may see a slight decline. … Read more
