Metrics stocks have decreased at most in lower sales prospects

(Bloomberg) -S heavy equipment manufacturer warns that the income will be “slightly low” in 2025, and the need for concern is “slightly lower” on the impact of its prospects, and Caterpillar Inc. has the most stock price.

As of 9:31 in New York, the stock fell 5.1 %, which was the largest decline in the market since the end of October.

Given that the US President Donald Trump’s tariff threat may increase costs and affect the global supply chain, Caterpillar’s guidance brings to global manufacturers in its fourth quarter earning report in its fourth quarter. Time. The warning was because Caterpillar reported that the estimation of Wall Street in the fourth quarter of profits defeated Wall Street, partly because of higher building demand.

CEO James UmpleBy said in the revenue call: “Overall, we currently expect sales and revenue in 2025 to be slightly lower than 2024.” “We expect the continued strength of energy and transportation It will mainly offset lower sales with lower sales in the construction and resource industries.

Caterpillar is considered a leading position in global economic growth because it provides heavy equipment for buildings, mining and energy industries around the world. The demand for construction equipment is expected to be weakened, which is the company’s largest department.

“Although we expect that the merger of non -residential and residential construction expenditures can be maintained similar to grades in 2024, our current plans hypothesis that our current plans reflect the low demand for new equipment.”

Investors also increase the inventory of caterpillars sold to consumers dealers. Such stocks provide insight into demand-high inventory indicates that customers do not buy machines from dealers, but low levels indicate that consumption is large. Caterpillar said on Thursday that it is expected that this year’s dealer inventory will not change significantly.

Bloomberg Intelligence Agency analyst Christopher Ciolino wrote in a comment: “Management of 2025 comments seems to show a prospect of consensus, which is likely to be estimated to estimate Apply a decline pressure. ”

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