Cummins (CMI) Reports Q1 EPS of $2.36; Raises Outlook
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Cummins Announces First Quarter Results; Raises Outlook for 2017
May 2, 2017 7:30 AM EDTFirst quarter revenues of $4.6 billion, GAAP1 Net Income of $396 million EBIT of 12.3 percent of sales, Diluted EPS of $2.36 Full year 2017 revenues expected to be up 4 to 7 percent, compared to prior guidance of flat to down 5 percent EBIT expected to be in the range of 11.75 to 12.5 percent, up from 11 to 11.5 percent
COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2017.
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