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DewDiligence

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Re: DewDiligence post# 22083

Friday, 07/31/2020 1:33:48 PM

Friday, July 31, 2020 1:33:48 PM

Post# of 30495
CAT continues to withhold 2020 guidance—expects little improvement in second half of year:

https://www.caterpillar.com/en/news/corporate-press-releases/h/2q20-results-caterpillar-inc.html

Caterpillar’s financial results for the remainder of 2020 will be impacted by continued global economic uncertainty due to the COVID-19 pandemic. As such, Caterpillar withdrew its earnings guidance on March 26 and is not providing a financial outlook for 2020 at this time.

2Q20 CC slides:
https://s25.q4cdn.com/358376879/files/doc_financials/2020/q2/2Q-2020-Caterpillar-Inc-Earnings-Presentation.pdf

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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