Cummins, Inc. (CMI) Tops Q2 EPS by 5c; Boosts Revenue Growth Outlook

Cummins, Inc. (NYSE: CMI) reported Q2 EPS of $2.43, $0.05 better than the analyst estimate of $2.38. Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.83 billion.

Based on the current forecast, Cummins expects full year 2014 revenues to grow between 8% and 11%, up from its previous forecast of growth of between 6% and 10%, due largely to improving demand in North America. EBIT is expected to be in the range of 12.75 to 13.25 percent of sales.

For earnings history and earnings-related data on Cummins, Inc. (CMI) click here.

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