Cummins CMI reported its Q2 earnings results on Tuesday, August 2, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Cummins beat estimated earnings by 9.66%, reporting an EPS of $4.77 versus an estimate of $4.35.
Revenue was up $475.00 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.48 which was followed by a 3.28% increase in the share price the next day.
Here's a look at Cummins's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 3.56 | 3.15 | 3.91 | 4.03 |
EPS Actual | 4.04 | 2.85 | 3.69 | 4.10 |
Revenue Estimate | 6.03B | 5.79B | 5.87B | 5.99B |
Revenue Actual | 6.38B | 5.85B | 5.97B | 6.11B |
To track all earnings releases for Cummins visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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