Cummins Beats Earnings Estimates But Withdraws Full-Year Guidance Due to Tariffs -- Barrons.com

Dow Jones

05-05

By Joe Light

Another major industrial company is withdrawing its guidance amid President Donald Trump's budding trade war.

Cummins reported earnings per share of $5.96 in the first quarter compared to the $4.85 expected by analysts compiled by FactSet. Revenue came in at $8.174 billion compared to the $8.175 billion analyst consensus.

The first-quarter results were lower than the $14.03 per-share earnings on $8.4 billion in revenue Cummins saw in the first quarter of 2024. Those results were distorted by the spinoff of Atmus Filtration Technologies.

Cummins withdrew its 2025 guidance, with CEO Jennifer Rumsey in a statement citing "growing economic uncertainty driven by tariffs."

Shares of Cummins fell 2.2% to $293.17 in premarket trading. This year, Cummins stock has fallen nearly 14%, compared to a 3.3% drop for the S&P 500.

Columbus, Ind.-based Cummins makes engines, electric-vehicle components and other power-related products.

Write to Joe Light at joe.light@barrons.com

This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

May 05, 2025 08:32 ET (12:32 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2533154589"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2533154589\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2533154589?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-05-05 20:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2533154589","market":"hk","top_or_hot":-1,"title":"Cummins Beats Earnings Estimates But Withdraws Full-Year Guidance Due to Tariffs -- Barrons.com","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Joe Light \n</p>\n<p>\n  Another major industrial company is withdrawing its guidance amid President Donald Trump's budding trade war. \n</p>\n<p>\n     Cummins reported earnings per share of $5.96 in the first quarter compared to the $4.85 expected by analysts compiled by FactSet. Revenue came in at $8.174 billion compared to the $8.175 billion analyst consensus. \n</p>\n<p>\n     The first-quarter results were lower than the $14.03 per-share earnings on $8.4 billion in revenue Cummins saw in the first quarter of 2024. Those results were distorted by the spinoff of Atmus Filtration Technologies. \n</p>\n<p>\n     Cummins withdrew its 2025 guidance, with CEO Jennifer Rumsey in a statement citing \"growing economic uncertainty driven by tariffs.\" \n</p>\n<p>\n     Shares of Cummins fell 2.2% to $293.17 in premarket trading. This year, Cummins stock has fallen nearly 14%, compared to a 3.3% drop for the S&amp;P 500. \n</p>\n<p>\n     Columbus, Ind.-based Cummins makes engines, electric-vehicle components and other power-related products. \n</p>\n<p>\n     Write to Joe Light at joe.light@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 08:32 ET (12:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cummins Beats Earnings Estimates But Withdraws Full-Year Guidance Due to Tariffs -- Barrons.com</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCummins Beats Earnings Estimates But Withdraws Full-Year Guidance Due to Tariffs -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-05-05 20:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Joe Light \n</p>\n<p>\n  Another major industrial company is withdrawing its guidance amid President Donald Trump's budding trade war. \n</p>\n<p>\n     Cummins reported earnings per share of $5.96 in the first quarter compared to the $4.85 expected by analysts compiled by FactSet. Revenue came in at $8.174 billion compared to the $8.175 billion analyst consensus. \n</p>\n<p>\n     The first-quarter results were lower than the $14.03 per-share earnings on $8.4 billion in revenue Cummins saw in the first quarter of 2024. Those results were distorted by the spinoff of Atmus Filtration Technologies. \n</p>\n<p>\n     Cummins withdrew its 2025 guidance, with CEO Jennifer Rumsey in a statement citing \"growing economic uncertainty driven by tariffs.\" \n</p>\n<p>\n     Shares of Cummins fell 2.2% to $293.17 in premarket trading. This year, Cummins stock has fallen nearly 14%, compared to a 3.3% drop for the S&amp;P 500. \n</p>\n<p>\n     Columbus, Ind.-based Cummins makes engines, electric-vehicle components and other power-related products. \n</p>\n<p>\n     Write to Joe Light at joe.light@barrons.com \n</p>\n<p>\n     This content was created by Barron's, which is operated by Dow Jones &amp; Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2025 08:32 ET (12:32 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2533154589","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2533154589","pubTimestamp":1746448320,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Another major industrial company is withdrawing its guidance amid President Donald Trump's budding trade war.Cummins reported earnings per share of $5.96 in the first quarter compared to the $4.85 expected by analysts compiled by FactSet. Revenue came in at $8.174 billion compared to the $8.175 billion analyst consensus.The first-quarter results were lower than the $14.03 per-share earnings on $8.4 billion in revenue Cummins saw in the first quarter of 2024. Those results were distorted by the spinoff of Atmus Filtration Technologies.Cummins withdrew its 2025 guidance, with CEO Jennifer Rumsey in a statement citing \"growing economic uncertainty driven by tariffs.\". Shares of Cummins fell 2.2% to $293.17 in premarket trading. This year, Cummins stock has fallen nearly 14%, compared to a 3.3% drop for the S&P 500.Columbus, Ind.-based Cummins makes engines, electric-vehicle components and other power-related products.This content was created by Barron's, which is operated by Dow Jones & C","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"康明斯盈利超出预期，但因关税而撤回全年指引--Barrons.com","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ATMU":0.9,"CMI":1},"content_text":"By Joe Light \n\n\n  Another major industrial company is withdrawing its guidance amid President Donald Trump's budding trade war. \n\n\n     Cummins reported earnings per share of $5.96 in the first quarter compared to the $4.85 expected by analysts compiled by FactSet. Revenue came in at $8.174 billion compared to the $8.175 billion analyst consensus. \n\n\n     The first-quarter results were lower than the $14.03 per-share earnings on $8.4 billion in revenue Cummins saw in the first quarter of 2024. Those results were distorted by the spinoff of Atmus Filtration Technologies. \n\n\n     Cummins withdrew its 2025 guidance, with CEO Jennifer Rumsey in a statement citing \"growing economic uncertainty driven by tariffs.\" \n\n\n     Shares of Cummins fell 2.2% to $293.17 in premarket trading. This year, Cummins stock has fallen nearly 14%, compared to a 3.3% drop for the S&P 500. \n\n\n     Columbus, Ind.-based Cummins makes engines, electric-vehicle components and other power-related products. \n\n\n     Write to Joe Light at joe.light@barrons.com \n\n\n     This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal. \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2025 08:32 ET (12:32 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"policyRegulatory","news_rank":0,"symbols":[],"gpt_button":0,"code":"91000000","status":"200"}}}