Cummins (CMI) Reports Q4 EPS of $2.25

Cummins (NYSE: CMI) reported Q4 EPS of $2.25, versus $0.92 reported last year. Revenue for the quarter came in at $4.5 billion, versus $4.77 billion reported last year.

2017 Outlook:

Based on the current forecast, Cummins projects full year 2017 revenues to be flat to down 5 percent, and EBIT to be in the range of 11.0 to 11.5 percent of sales. Results in the first quarter of the year will continue to be challenged by difficult markets and are expected to mark the low point of the year. The Company expects to return at least 50 percent of Operating Cash Flow to shareholders in 2017 in the form of dividends and share repurchases.

For earnings history and earnings-related data on Cummins (CMI) click here.

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