Cummins Reports Third Quarter 2022 Results

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Cummins (CMI) Misses Q3 EPS by $1.98, Revenue Beats

November 3, 2022 7:36 AM EDT

Cummins (NYSE: CMI) reported Q3 EPS of $2.82, $1.98 worse than the analyst estimate of $4.80. Revenue for the quarter came in at $7.3 billion versus the consensus estimate of $6.63 billion.

Updated 2022 Outlook:

Based on its current forecast, excluding the Meritor business, Cummins is providing the following... More