Cummins' Hydrogen Unit Drags Down Q4 EPS
Cummins reported strong top-line results, but earnings per share came in significantly below expectations due to strategic reorganization costs.
Cummins reports Q4 EPS $3.02, consensus $4.69
Reports Q4 revenue $8.45B, consensus $8.09B. The current quarter results include Accelera reorganization actions of $312M, or $2.14 per diluted
Cummins: Q4 Earnings Snapshot
The Columbus, Indiana-based company said it had net income of $3.02 per share. Earnings, adjusted for non-recurring costs, came to $5.16 per share. The results topped Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.68 per share.
Cummins Inc. (NYSE:CMI) Q4 2024 Earnings Call Transcript
Q4 2024 Earnings Call Transcript February 4, 2025 Cummins Inc. beats earnings expectations. Reported EPS is $5.27, expectations were $4.7. Operator: Greetings, and welcome to the Cummins Inc. Q4 2024 Earnings Conference Call.
Cummins Inc. Q4 Earnings Summary
Below are the earnings highlights for Cummins Inc. (CMI): Earnings: $418 million in Q4 vs. -$1.431 billion in the same period last
Cummins Earnings Analysis: Q4 Recap
Cummins CMI announced its Q4 earnings on Tuesday, February 4, 2025 at 07:30 AM. Here's a breakdown of the earnings report. Cummins beat estimated earnings by 10.0%, reporting an EPS of $5.16 versus an estimate of $4.69. Revenue was down $96.00 million from the same period last year.
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