Cummins (CMI) Tops Q2 EPS by 95c

Cummins (NYSE: CMI) reported Q2 EPS of $1.86, $0.95 better than the analyst estimate of $0.91. Revenue for the quarter came in at $3.9 billion versus the consensus estimate of $3.69 billion.

2020 Outlook:

The company currently expects third quarter revenues to improve from second quarter levels, however, there remains significant uncertainty around how COVID-19 will impact end market demand as well as customer and supplier operations. Due to this uncertainty the company is not providing full year revenue or profitability guidance for 2020.

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

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