Cummins Reports Fourth Quarter and Full Year 2020 Results
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Cummins (CMI) Tops Q4 EPS by 56c, Revenues Beat
February 4, 2021 7:33 AM ESTCummins (NYSE: CMI) reported Q4 EPS of $3.36, $0.56 better than the analyst estimate of $2.80. Revenue for the quarter came in at $5.8 billion versus the consensus estimate of $5.19 billion.
Fourth quarter revenues of $5.8 billion; GAAP1 Net Income of $501 millionFourth quarter EBITDA of 14.4 percent; Diluted EPS of $3.36Full year revenues of $19.8 billion; GAAP1 Net Income of $1.8 billionEBITDA for the full year was 15.7 percent of sales; Diluted EPS of $12.01The company expects full year 2021 revenues to be up 8... More