CMI reports better-than-expected fourth-quarter results and expects 2025 revenues to be down 2-3% year over year.
Cummins (CMI 5.03%), a leader in power solutions, delivered its fourth-quarter earnings on Feb. 4. The company achieved revenues of $8.4 billion, surpassing analysts' consensus estimate of $8.07 billion.
The company delivered better-than-expected fourth-quarter numbers and a solid outlook for 2025.
While the top- and bottom-line numbers for Cummins (CMI) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Cummins (CMI) came out with quarterly earnings of $5.16 per share, beating the Zacks Consensus Estimate of $4.68 per share. This compares to earnings of $4.14 per share a year ago.
U.S. truck engine maker Cummins Inc on Tuesday reported fourth-quarter revenue and profit above Wall Street estimates on strong demand for its power generation products, sending the company's shares up 3.5% before the bell.
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 December 2024.
Cummins (CMI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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NEW YORK, NY / ACCESSWIRE / January 15, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI.
NEW YORK, NY / ACCESSWIRE / January 12, 2025 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Cummins Inc. ("Cummins" or "the Company") (NYSE:CMI). Investors who purchased Cummins securities prior to April 30, 2019, and continue to hold to the present, are encouraged to obtain additional information and assist the investigation by visiting the firm's site: bgandg.com/CMI.