Cummins Reports Third Quarter 2017 Results
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Cummins (CMI) PT Raised to $190 at Stifel
November 1, 2017 6:56 AM EDTStifel raised its price target on Cummins (NYSE: CMI) to $190.00 (from $186.00) while maintaining a Hold rating following better-than-expected results from improving global truck markets and industrial economies, with particular strength in China and the companys Components segment
Analyst Michael Baudendistel noted shares... More
Cummins (CMI) Tops Q3 EPS by 25c
October 31, 2017 7:34 AM EDTCummins (NYSE: CMI) reported Q3 EPS of $2.71, $0.25 better than the analyst estimate of $2.46. Revenue for the quarter came in at $5.3 billion versus the consensus estimate of $4.78 billion.
Outlook
Based on its current forecast, Cummins expects full-year 2017 revenues to grow 14% to 15%, an increase from the... More
