Cummins (CMI) Tops Q4 EPS by 37c
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Cummins Announces Fourth Quarter and Full Year 2017 Results
February 6, 2018 7:30 AM ESTFourth quarter revenues of $5.5 billion, EBIT of 11.3 percent of sales GAAP1 Net Loss of $274 million, Diluted EPS Loss of $1.65 Full year revenues of $20.4 billion, EBIT of 12.0 percent of sales GAAP Net Income of $999 million, Diluted EPS of $5.97 Fourth quarter and full year Diluted EPS negatively impacted by $4.68 and $4.65 as a result of charges related to the recently enacted U.S. Tax Cuts and Jobs Act... More
