Cummins (CMI) Misses Q4 EPS by 31c, Revenue Beats

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Go back to Cummins (CMI) Misses Q4 EPS by 31c, Revenue Beats

TD Cowen on Cummins (CMI): 'Stock could see mild pressure'

February 6, 2024 9:38 AM EST

TD Cowen analyst Matt Elkott reiterated an Outperform rating and $260.00 price target on Cummins (NYSE: CMI).

The analyst comments "CMI beat our and consensus expectations for revenue and EBITDA but missed EPS. The company guided for FY24 revenue to decline 3.5% at the... More

UBS Expects 'Muted' Investor Reaction to Cummins (CMI) Earnings Report

February 6, 2024 9:37 AM EST

UBS analyst Steven Fisher reiterated a Neutral rating and $235.00 price target on Cummins (NYSE: CMI).

The analyst comments "We think investors will have a muted response to CMIs Q4 results and outlook. The quarter included several charges, but excluding the one... More

Evercore ISI Remains Sidelined on Cummins (CMI)

February 6, 2024 9:34 AM EST

Evercore ISI analyst David Raso reiterated an In Line rating and {REMOVEPT} price target on Cummins (NYSE: CMI).

The analyst comments "Stock Reaction Negative, Mgmt Needs To Do More On Margins: Stock trading at ~13.5x implied 24 EPS; given base case 25 returns to... More