UPDATE: Cummins (CMI) Tops Q3 EPS by 6c; Updates FY16 Outlook
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Cummins Announces Third Quarter 2016 Results
November 1, 2016 7:30 AM EDTThird quarter revenues of $4.2 billion, EBIT of 9.5 percent of sales, GAAP1 net income of 6.9 percent of sales, Diluted EPS of $1.72 Expects full year 2016 revenues to be down 9 percent, unchanged Full year 2016 EBIT expected to be 11.3 percent of sales, compared to prior guidance of 11.6 to 12.2 percent
COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2016.
Third quarter revenues of $4.2 billion... More
