Cummins Inc.

NYSE:CMI   2:15:32 PM EDT
228.02
-2.18 (-0.95%)
Other Pre-Announcement

Cummins Posts Q2 EPS $4.94

Published: 08/02/2022 12:08 GMT
Cummins Inc. (CMI) - Cummins Reports Second Quarter 2022 Results.
Q2 Earnings per Share $4.94.
Sees FY Revenue Up 8 Percent.
Q2 Revenue Rose 8 Percent to $6.6 Billion.
Maintaining Its Full Year 2022 Guidance, Expecting Revenue to Be Up 8 Percent and EBITDA of Approximately 15.5 Percent.
Q2 Results Include $29 Million ($0.16 per Diluted Share) of Costs Related to Separation of Filtration Business.
Q2 Results Include Benefit of $47 Million ($0.33 per Diluted Share) From Adjusting Reserves Related to Suspension of Operations in Russia.
Continue to Monitor Economic Conditions Closely and Will Adjust Our Operating Plans Should Outlook for Our Core Markets Weaken.
Q2 Earnings per Share View $4.35, Revenue View $6.48 Billion -- Refinitiv Ibes Data (analyst estimates).
FY2022 Earnings per Share View $17.60, Revenue View $25.97 Billion -- Refinitiv Ibes Data (analyst estimates).