Cummins (CMI) sees $2.04B charge in Q4 related to environmental claims resolution

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Go back to Cummins (CMI) sees $2.04B charge in Q4 related to environmental claims resolution

Cummins settlement removes overhang but at higher-than-expected cost - Citi

December 26, 2023 2:25 PM EST

Citi analysts said in a recent note that the Cummins (NYSE: CMI) U.S. Environmental Protection Agency (EPA) settlement removes an overhang for the stock, but it has come at a higher-than-expected cost.

CMI announced Friday that it had reached an agreement in... More