Cummins (CMI) Tops Q3 EPS by $1.04, Beats on Revenue; Offers Guidance

Cummins (NYSE: CMI) reported Q3 EPS of $5.86, $1.04 better than the analyst estimate of $4.82. Revenue for the quarter came in at $8.5 billion versus the consensus estimate of $8.29 billion.

Based on its current forecast, Cummins is maintaining its full-year 2024 revenue guidance to be in the range of down 3% to flat. EBITDA is expected to be approximately 15.5%; at the top end of the previous guidance of 15.0% to 15.5%.

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

You May Also Be Interested In

• 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
• XORTX to voluntarily delist from TSX Venture Exchange
• MagnaChip (MX) files $50M mixed shelf