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Cummins Q4 Earnings Surpass Expectations, Sales Decline Y/Y
CMICummins(CMI) ZACKS·2025-02-04 18:01

Cummins Inc. (CMI) reported fourth-quarter 2024 earnings of 5.16pershare,whichsurpassedtheZacksConsensusEstimateof5.16 per share, which surpassed the Zacks Consensus Estimate of 4.68 and increased from 4.14recordedinthecorrespondingquarterof2023.TheoutperformancewasdrivenbyhigherthanexpectedrevenuesfromthePowerSystemsandDistributionsegments.Cumminsrevenuestotaled4.14 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 8.13billionbutdeclinedfrom8.13 billion but declined from 8.54 billion recorded in the year-ago quarter. See the Zacks Earnings Calendar ...