Cummins (CMI) Tops Q1 EPS by 9c; Sees Lower FY16 Revenue
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Cummins Reports First Quarter 2016 Results
May 3, 2016 7:30 AM EDTFirst quarter revenues of $4.3 billion, EBIT of 11.3 percent of sales Cummins reaffirms full year guidance for revenues and EBIT Company announces a second quarter change to Operating Segments
COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2016.
First quarter revenues of $4.3 billion decreased 9 percent from the same quarter in 2015. Lower production in the North American heavy-duty truck market and weak global demand for off-highway and power generation... More
