Cummins Q3 revenue beats expectations, increases quarterly dividend

Cummins

06/11/2025 12:40

Overview

Cummins Q3 2025 revenue of $8.3 bln beats analyst expectations despite a 2% decline

Adjusted EPS for Q3 2025 misses analyst estimates, impacted by Accelera non-cash charges

Cummins increases quarterly dividend to $2.00 per share, marking 16 consecutive years of growth

Outlook

Cummins will not provide revenue or profitability guidance for the remainder of 2025

Company plans to reinstate financial guidance in February 2026

Cummins cites uncertainty in end markets as reason for withholding guidance

Result Drivers

POWER SYSTEMS GROWTH - Increased demand for backup power in data centers drove growth in the Power Systems segment

NORTH AMERICAN TRUCK MARKET DECLINE - Effective cost management helped navigate the sharp decline in the North American truck market

ACCELERA CHALLENGES - Non-cash charges in the Accelera segment due to policy-driven shifts in hydrogen adoption expectations

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Sales
Beat
$8.30 bln
$7.97 bln (15 Analysts)
Q3 EPS
Miss
$3.86
$4.81 (17 Analysts)
Q3 Net Income
$536 mln
Q3 EBITDA
$1.20 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 13 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Cummins Inc is $450.00, about 2.4% above its November 5 closing price of $439.18

The stock recently traded at 18 times the next 12-month earnings vs. a P/E of 16 three months ago

Press Release: ID:nBwbmWNvqa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)