The headline numbers for Cummins (CMI) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Cummins (CMI) came out with quarterly earnings of $5.26 per share, beating the Zacks Consensus Estimate of $4.85 per share. This compares to earnings of $5.18 per share a year ago.
U.S. truck engine maker Cummins Inc on Thursday beat second-quarter estimates and forecast improved revenue margins boosted by demand in the power generation market, sending its shares up 4.6% in early trading.
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Cummins (CMI), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended June 2024.
Cummins (CMI) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cummins (CMI) secures a $75 million grant to transform its Columbus Engine Plant into a facility for zero-emissions components and electric powertrain systems.
Cummins Inc. (CMI), The Kroger Co. (KR), Lindsay Corporation (LNN) and Matson, Inc. (MATX) recently hiked dividends.
Cummins (CMI) increases its quarterly dividend by 8.3% to $1.82 per share, marking the 15th consecutive year of payout hike.
We are expecting 8 dividend stocks to announce dividend increases in July 2024. 2 Dividend Kings and 1 Dividend Aristocrat are featured in this list. 1 dividend stock has a ~20% five-year average dividend growth rate!
Several auto stocks are starting to stand out as new additions to the Zacks Rank #1 (Strong Buy) list this week.
Cummins (CMI) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Here is how Cummins (CMI) and Honda Motor (HMC) have performed compared to their sector so far this year.