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DewDiligence

07/31/20 1:33 PM

#22660 RE: DewDiligence #22083

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