Not really a great update in some ways.
They appear to have downgraded FY20 US profit based on where the arrow points.
Also PDP collections in Q3 were up only about 2.5% or so, after the first 4 mnths were up about 7%, and q2 looked to be up about 4% or so, by looking at the chart. This is a deceleration - might be flat next q?
I wonder if they are raising because the industry is getting tougher, and the SP is still strong. Might provide some opps, but also some tough times coming?
2019 Recession Boom...or Recession Bust?, page-20
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