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Why Cummins (CMI) is a Great Dividend Stock Right Now
ZACKS· 2025-02-05 17:45
Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But when you're an income investor, your primary focus is generating consistent cash flow from each of your liquid investments.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures ...
Here's Why Cummins (CMI) is a Strong Value Stock
ZACKS· 2025-02-05 15:41
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Z ...
Why Cummins Stock Jumped on Tuesday
The Motley Fool· 2025-02-04 19:13
Cummins had an eventful 2024 and expects to earn higher profits and cash flows in 2025.Shrugging off Monday weakness, Cummins (CMI 4.53%) stock rebounded this morning and was trading 4.7% higher as of noon ET Tuesday.The industrial giant posted fourth-quarter and full-year earnings results today. While revenue beat analysts' estimates, its earnings fell short of expectations. Worse yet, Cummins expects its revenue to decline in 2025. Yet something about its outlook has caught investors' attention.Data cente ...
Cummins(CMI) - 2024 Q4 - Earnings Call Transcript
2025-02-04 18:55
Start Time: 10:00 January 1, 0000 10:56 AM ET Cummins Inc. (NYSE:CMI) Q4 2024 Earnings Conference Call February 04, 2025, 10:00 AM ET Company Participants Jennifer Rumsey - Chair and CEO Mark Smith - CFO Chris Clulow - VP, IR Conference Call Participants Angel Castillo - Morgan Stanley Stephen Volkmann - Jefferies Jerry Revich - Goldman Sachs Tim Thein - Raymond James Kyle Menges - Citi Jamie Cook - Truist Securities David Raso - Evercore Avi Jaroslawicz - UBS Rob Wertheimer - Melius Research Tami Zakaria - ...
Cummins Q4 Earnings Surpass Expectations, Sales Decline Y/Y
ZACKS· 2025-02-04 18:01
Cummins Inc. (CMI) reported fourth-quarter 2024 earnings of $5.16 per share, which surpassed the Zacks Consensus Estimate of $4.68 and increased from $4.14 recorded in the corresponding quarter of 2023. The outperformance was driven by higher-than-expected revenues from the Power Systems and Distribution segments. Cummins’ revenues totaled $8.45 billion, which beat the Zacks Consensus Estimate of $8.13 billion but declined from $8.54 billion recorded in the year-ago quarter. See the Zacks Earnings Calendar ...
Cummins' Hydrogen Unit Drags Down Q4 EPS
The Motley Fool· 2025-02-04 16:29
Cummins reported strong top-line results, but earnings per share came in significantly below expectations due to strategic reorganization costs.Cummins (CMI 4.90%), a leader in power solutions, delivered its fourth-quarter earnings on Feb. 4. The company achieved revenues of $8.4 billion, surpassing analysts' consensus estimate of $8.07 billion. However, its diluted earnings per share (EPS) of $3.02 fell short of the expected $4.70. The quarter was generally positive, though, as several segments improved th ...
Here's What Key Metrics Tell Us About Cummins (CMI) Q4 Earnings
ZACKS· 2025-02-04 15:37
For the quarter ended December 2024, Cummins (CMI) reported revenue of $8.45 billion, down 1.1% over the same period last year. EPS came in at $5.16, compared to $4.14 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $8.13 billion, representing a surprise of +3.92%. The company delivered an EPS surprise of +10.26%, with the consensus EPS estimate being $4.68.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ex ...
Cummins(CMI) - 2024 Q4 - Earnings Call Presentation
2025-02-04 15:01
CONTENTS 2024 Summary Q4 2024 Summary Q4 2024 Supplemental Information Fourth Quarter 2024 Earnings Teleconference February 4th, 2025 2025 Guidance Appendix 2 Disclosure Regarding Forward-Looking Statements Information provided in this presentation that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our forecasts, guidance, preliminary results, expectations, hopes, beliefs and intentions on st ...
Cummins (CMI) Beats Q4 Earnings and Revenue Estimates
ZACKS· 2025-02-04 14:45
Financial Performance - Cummins reported quarterly earnings of $5.16 per share, exceeding the Zacks Consensus Estimate of $4.68 per share, and up from $4.14 per share a year ago, representing an earnings surprise of 10.26% [1] - The company posted revenues of $8.45 billion for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.92%, although this is a slight decrease from year-ago revenues of $8.54 billion [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $5.22 on revenues of $8.27 billion, and for the current fiscal year, it is $22.33 on revenues of $34.7 billion [7] - The estimate revisions trend for Cummins is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - Cummins operates within the Zacks Automotive - Internal Combustion Engines industry, which is currently in the top 36% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]
Cummins(CMI) - 2024 Q4 - Annual Results
2025-02-04 12:41
EXHIBIT 99 February 4, 2025 Cummins Reports Strong Fourth Quarter and Full Year 2024 Results, Incurs Charges Associated with Reorganization of Accelera COLUMBUS, IND. - Cummins Inc. (NYSE: CMI) today reported fourth quarter and full year 2024 results. "Cummins delivered strong operational results in the fourth quarter and achieved record full year revenues, net income, EBITDA and EPS, despite a decline in heavy duty truck demand in North America," said Jennifer Rumsey, Chair and CEO of Cummins. "In the four ...