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DewDiligence

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DewDiligence

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Re: DewDiligence post# 27220

Thursday, 04/27/2023 8:42:06 AM

Thursday, April 27, 2023 8:42:06 AM

Post# of 30495
CAT 1Q23—>higher price realization and higher volume…

PR:
https://www.caterpillar.com/content/dam/caterpillarDotCom/releases/1q23/1q23-caterpillar-inc-financial-results.pdf

CC slides:
https://s25.q4cdn.com/358376879/files/doc_financials/2023/q1/1Q-2023-Caterpillar-Inc-Earnings-Presentation.pdf


1Q23 sales were $15.9M, +17% YoY. 1Q23 non-GAAP EPS was $4.91, up from $2.88 in 1Q22.

CAT does not provide specific guidance for sales or EPS, but it expects price realization during the rest of 2023 to offset inflation in COGS, as it did during 1Q23.

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

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