Cummins (CMI) Misses Q3 EPS by 22c
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Cummins Reports Third Quarter 2021 Results
November 2, 2021 7:30 AM EDTThird quarter revenues of $6.0 billion; GAAP1 Net Income of $534 million. Third quarter EBITDA of 14.4 percent; Diluted EPS of $3.69. The company now expects its full year 2021 revenue to be up approximately 20.0 percent; compared to prior guidance of up 20.0 to 24.0 percent. The company is lowering its EBITDA guidance to be approximately 15.0 percent; compared to prior guidance of 15.5 to 16.0 percent.
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COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2021.
Third quarter revenues of $6.0 billion increased... More
