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

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

Cummins Reports First Quarter 2021 Results

May 4, 2021 7:30 AM EDT

First quarter revenues of $6.1 billion; GAAP1 Net Income of $603 million First quarter EBITDA of 16.1 percent; Diluted EPS of $4.07 The company is raising its full year 2021 revenue guidance to be up 20 to 24 percent; up from 8 to 12 percent EBITDA is now expected to be in the range of 15.5 to 16.0 percent; up from 15.0 to 15.5 percent

COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the first quarter of 2021.

First quarter revenues of $6.1 billion increased 22 percent from the same quarter in... More