Caterpillar shares yo-yo after company gives dual-scenario forecast

Caterpillar's shares CAT.N up 2% at $313.61 premarket, swinging from a drop of nearly 7% earlier

Construction equipment maker gives two forecast scenarios based on including and excluding impact of U.S. tariffs

Expects 2025 sales to be flat vs 2024 if tariffs are not accounted for, or a slight drop after including tariff impact

In Jan, it had forecast a slight decline in FY sales without giving a dual-scenario view

CAT still expects a slight drop in FY sales, as well as an up to $350 mln cost impact in Q2

Q1 adjusted EPS $4.25 misses analysts' estimate of $4.35, per LSEG, while revenue of $14.2 bln also falls short

Stock down 15% this year, as of last close