Cummins Reports First Quarter 2021 Results

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Cummins (CMI) Tops Q1 EPS by 60c, Raises Outlook

May 4, 2021 7:31 AM EDT

Cummins (NYSE: CMI) reported Q1 EPS of $4.07, $0.60 better than the analyst estimate of $3.47. Revenue for the quarter came in at $6.1 billion versus the consensus estimate of $5.36 billion.

2021 Outlook:

Based on the current forecast, Cummins is raising its full year 2021 revenue guidance to 20 to 24 percent, an increase from 8 to 12... More