Cummins: Q2 Earnings Snapshot
By AP News
Published - Aug 01, 2024, 11:05 AM ET
Last Updated - Aug 01, 2024, 11:05 AM EDT
COLUMBUS, Ind. (AP) — COLUMBUS, Ind. (AP) — Cummins Inc. (CMI) on Thursday reported second-quarter profit of $726 million.
The Columbus, Indiana-based company said it had net income of $5.26 per share.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $4.85 per share.
The engine maker posted revenue of $8.8 billion in the period, also surpassing Street forecasts. Seven analysts surveyed by Zacks expected $8.28 billion.
