Cummins (CMI) Beats Q3 Earnings and Revenue Estimates

Cummins (CMI) came out with quarterly earnings of $5.59 per share, beating the Zacks Consensus Estimate of $4.73 per share. This compares to earnings of $5.6 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +18.18%. A quarter ago, it was expected that this engine maker would post earnings of $4.99 per share when it actually produced earnings of $6.43, delivering a surprise of +28.86%.Over the last four quarters, the company has ...