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DewDiligence

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DewDiligence

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Re: DewDiligence post# 23979

Friday, 07/30/2021 11:39:14 AM

Friday, July 30, 2021 11:39:14 AM

Post# of 30495
CAT 2Q21 items…

PR:
https://www.caterpillar.com/content/dam/caterpillarDotCom/releases/2q21/2q21-caterpillar-inc-financial-results.pdf

CC slides:
https://s25.q4cdn.com/358376879/files/doc_financials/2021/q2/2Q-2021-Caterpillar-Inc-Earnings-Presentation.pdf

CAT posted an excellent quarter, but the stock is down modestly today because CAT warned that inflation in raw materials will crimp CAT’s margins during the next few quarters, despite CAT’s intention to raise prices.

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

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