Cummins Q2 Earnings Increase, Net Sales Fall

MT Newswires Live
Aug 05

Cummins (CMI) reported Q2 earnings Tuesday of $6.43 per diluted share, up from $5.26 a year earlier.

Analysts polled by FactSet expected $5.09 per share.

Net sales for the quarter ended June 30 were $8.64 billion, down from $8.80 billion a year earlier.

Analysts surveyed by FactSet expected $8.43 billion.

Cummins said it will not be reinstating a 2025 outlook for revenue or profitability "due to continued economic uncertainty."

Shares of the company were up more than 2% in recent Tuesday premarket activity.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10