Cummins (CMI) Misses Q4 EPS by 9c
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Cummins Announces Financial Results for the Fourth Quarter and Full Year 2015
February 4, 2016 7:30 AM ESTShares Expectations Regarding 2016 Revenue and Earnings
Fourth quarter 2015 revenues of $4.8 billion, EBIT of 11.1 percent of sales excluding restructuring and impairment charges Full Year 2015 revenues of $19.1 billion and EBIT of 12.5 percent, excluding restructuring and impairment charges The company expects revenues to decline between 5 and 9 percent in 2016 and EBIT to be in the range of 11.6 to 12.2 percent of salesCOLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the fourth quarter... More
