Cummins (CMI) Tops Q3 EPS by $1.01, Revenue Beats, Offers Outlook

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Go back to Cummins (CMI) Tops Q3 EPS by $1.01, Revenue Beats, Offers Outlook

Cummins Reports Third Quarter 2020 Results

October 27, 2020 7:30 AM EDT

Third quarter revenues of $5.1 billion; GAAP1 Net Income of $501 million Third quarter EBITDA of 17.1 percent; Diluted EPS of $3.36 The company produced record quarterly operating cash flow of $1.2 billion Total liquidity increased to $6.5 billion, including cash and marketable securities of $3.3 billion

COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2020.

Third quarter revenues of $5.1 billion decreased 11 percent from the same quarter in 2019. Sales in North America declined by 18 percent while international revenues were flat.... More