Cummins Inc. (CMI) Trumps Q1 Views; Increases FY11 Revs Outlook

April 26, 2011 7:36 AM EDT
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Price: $99.57 +0.90%

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Cummins Inc. (NYSE: CMI) reported Q1 EPS of $1.75, $0.31 better than the analyst estimate of $1.44. Revenue for the quarter came in at $3.86 million versus the consensus estimate of $3.61 billion.

Increases FY11 revenue to about $17 billion, versus the consensus of $16.13 billion.

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