Cummins Inc reports results for the quarter ended March 31 - Earnings Summary

Cummins

05/05/2025 14:32

Cummins Inc CMI.N reported quarterly adjusted earnings of $5.96​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $5.10.  The mean expectation of eighteen analysts for the quarter was for earnings of $4.90 per share. Wall Street expected results to range from $4.30  to $5.36 per share.

Revenue fell 2.7% to $8.17 billion from a year ago; analysts expected $8.19 billion.

Cummins Inc's reported EPS for the quarter was $5.96​.

The company reported quarterly net income of $824 million.

Cummins Inc shares had fallen by 4.3% this quarter and lost 14.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3.5% in the last three months.​

In the last 30 days, eight analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 8 "strong buy" or "buy," 15 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the auto, truck & motorcycle parts peer group is also "hold"

Wall Street's median 12-month price target for Cummins Inc is $331.50

This summary was machine generated from LSEG data May 5 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
4.90
5.96
Beat
Dec. 31 2024
4.68
5.14
Beat
Sep. 30 2024
4.80
5.86
Beat
Jun. 30 2024
4.81
5.26
Beat