Caterpillar Reports Q3 IEEPA Tariff Recoveries $128M; Excluding IEEPA Tariff Recoveries, Q3 Tariff Costs Were ~$600M, In-Line With Expectations; Backlog At End Of Q3 $78B, Up 96% YoY
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Why It Matters
Caterpillar made back $128 million from tariff disputes this quarter. The company still paid about $600 million in tariff costs, which matched what people expected.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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