Company Overview - Cummins Inc. is a leading global designer, manufacturer, and distributor of diesel and natural gas engines and powertrain-related component products, including fuel systems, turbochargers, transmissions, batteries, and electrified power systems [12] - The company is headquartered in Columbus, IN, and offers products to original equipment manufacturers (OEMs), distributors, and dealers through a network of approximately 650 company-owned and independent distributor facilities in over 19,000 dealer locations across more than 190 countries and territories [12] Investment Ratings - Cummins Inc. currently holds a 3 (Hold) rating on the Zacks Rank, with a VGM Score of B [13] - The company is considered a potential top pick for growth investors, with a Growth Style Score of B, indicating a forecasted year-over-year earnings growth of 5.5% for the current fiscal year [13] - In the last 60 days, four analysts have revised their earnings estimates upwards for fiscal 2025, with the Zacks Consensus Estimate increasing by $0.31 to $22.54 per share [13] Performance Metrics - Cummins boasts an average earnings surprise of 8.3%, which reflects its ability to exceed earnings expectations [13] - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Cummins should be prioritized by investors seeking growth opportunities [14]

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Revenue Growth - Cummins reported a revenue increase of 15% year-over-year, reaching $24 billion for the fiscal year[10]. - The Engine Segment generated $12 billion in sales, accounting for 50% of total revenue, with a 10% growth compared to the previous year[10]. - The Components Segment saw a revenue increase of 20%, totaling $5 billion, driven by strong demand in the aftermarket[10]. - The Distribution Segment reported $4 billion in sales, reflecting a 12% increase, attributed to expanded service offerings[10]. - The Power Systems Segment achieved $3 billion in revenue, up 18%, supported by growth in data center and renewable energy markets[10]. - The Accelera Segment, focused on electrification, generated $1 billion in sales, marking a 25% increase as the company invests in new technologies[10]. - Cummins anticipates a revenue growth of 8-10% for the next fiscal year, driven by strong market demand and new product launches[10]. - Cummins has a backlog of $5 billion, indicating strong future demand across all segments[10]. Investment and Development - The company plans to invest $500 million in research and development to enhance its product portfolio and sustainability initiatives[10]. - The company is exploring strategic acquisitions to expand its market presence and enhance technological capabilities[10].

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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 ...

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 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 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 ...

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 ...