Cummins (CMI) Lags Q1 Earnings Estimates

Cummins (CMI) came out with quarterly earnings of $5.10 per share, missing the Zacks Consensus Estimate of$ 5.11 per share. This compares to earnings of $5.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -0.20%. A quarter ago, it was expected that this engine maker would post earnings of$ 4.41 per share when it actually produced earnings of $4.14, delivering a surprise of -6.12%.Over the last four quarters, the company has ...