Cummins Announces Second Quarter Results; Updates Outlook for 2018

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Cummins (CMI) Misses Q2 EPS by 34c, Revenue Beats

July 31, 2018 7:32 AM EDT

Cummins (NYSE: CMI) reported Q2 EPS of $3.29, $0.34 worse than the analyst estimate of $3.63. Revenue for the quarter came in at $6.1 billion versus the consensus estimate of $5.82 billion.

Based on the current forecast, Cummins expects full year 2018 revenues to be up 15 to 17 percent,... More