Cummins (CMI) Tops Q2 EPS by 95c
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Cummins Reports Second Quarter 2020 Results
July 28, 2020 7:30 AM EDTSecond quarter revenues of $3.9 billion; GAAP1 Net Income of $276 million Second quarter EBITDA of 14.3 percent; Diluted EPS of $1.86 The company ended the quarter with cash, cash equivalents and marketable securities of $2.1 billion and committed borrowing capacity of $3.5 billion The companys long-term credit ratings remain unchanged at A+ from Standard & Poors and A2 from Moodys with stable outlooks
COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2020.
Second quarter revenues of $3.9... More
