Caterpillar(US:CAT) 智通财经网·2025-08-29 02:00Core Viewpoint - Caterpillar Inc. has issued a warning to investors regarding the impact of tariffs, expecting the total effect to reach up to $1.8 billion this year, which is higher than the guidance provided in early August [1][2]. Group 1: Tariff Impact - The company anticipates that the net impact of new tariffs in the third quarter will be between $500 million and $600 million, with an overall net impact for the year projected to be between $1.5 billion and $1.8 billion [1][2]. - The previously provided guidance in August indicated a lower range of $1.3 billion to $1.5 billion for the total tariff impact, with a maximum of $500 million for the third quarter [2]. Group 2: Financial Performance - Caterpillar expects its adjusted operating profit margin for the year to be close to the lower end of its target range [2]. - Despite the adjustments in tariff impact, the company emphasized that these changes are not expected to affect its sales and revenue outlook released in August [3]. Group 3: Market Reaction - Following the announcement, Caterpillar's stock price experienced a decline, dropping as much as 3.6% in after-hours trading, and was down 2.75% at the time of reporting [4].