Cummins (CMI) Reports Q2 EPS of $2.53; Raises Outlook

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Go back to Cummins (CMI) Reports Q2 EPS of $2.53; Raises Outlook

Cummins Announces Second Quarter Results; Raises Outlook for 2017

August 1, 2017 7:30 AM EDT

Second quarter revenues of $5.1 billion, GAAP1 Net Income of $424 million EBIT of 12.2 percent of sales, Diluted EPS of $2.53 The company expects stronger sales growth with full year 2017 revenues to be up 9 to 11 percent, compared to prior guidance of up 4 to 7 percent EBIT expected to be in the range of 11.75 to 12.5 percent, unchanged from prior guidance

COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the second quarter of... More