Cummins Announces First Quarter Results; Raises Outlook for 2017
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Cummins (CMI) Reports Q1 EPS of $2.36; Raises Outlook
May 2, 2017 7:31 AM EDTCummins (NYSE: CMI) reported Q1 EPS of $2.36, versus $1.87 reported last year. Revenue for the quarter came in at $4.6 billion, versus $4.29 billion reported last year.
First quarter revenues of $4.6 billion, GAAP1 Net Income of $396 millionEBIT of 12.3 percent of sales, Diluted EPS of $2.36Full year 2017 revenues expected to be up 4 to 7... More