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DewDiligence

01/31/20 12:03 PM

#20741 RE: DewDiligence #19840

CAT 4Q19 items…

PR:
https://caterpillar.gcs-web.com/static-files/45857310-9e71-485a-9939-5fb29afa1f69

CC slides:
https://caterpillar.gcs-web.com/static-files/04f5aa55-625b-4d6d-8233-e18912c9b8e3

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The stock is -2% as I’m typing because the 2020 EPS guidance is $8.50-$10.00, an unusually wide range that’s -23% to -10% relative to 2019 non-GAAP EPS of $9.06.