Cummins (CMI) Misses Q4 EPS by 18c

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Cummins Announces Fourth Quarter and Full Year 2018 Results

February 6, 2019 7:30 AM EST

Fourth quarter revenues of $6.1 billion; GAAP1 Net Income of $579 million EBITDA in the fourth quarter was 14.6 percent of sales; Diluted EPS of $3.63 Full year revenues of $23.8 billion; GAAP1 Net Income of $2.1 billion EBITDA for the full year was 14.6 percent of sales; Diluted EPS of $13.15 The company expects full year 2019 revenues to be flat to up 4 percent, EBITDA expected to be in the range of 15.75 to 16.25 percent

COLUMBUS, Ind.--(BUSINESS... More