Cummins (CMI) Beats Q4 Earnings and Revenue Estimates

Cummins (CMI) came out with quarterly earnings of $5.16 per share, beating the Zacks Consensus Estimate of $4.68 per share. This compares to earnings of $4.14 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.26%. A quarter ago, it was expected that this engine maker would post earnings of $4.89 per share when it actually produced earnings of $5.60, delivering a surprise of 14.52%.Over the last four quarters, the company has ...