Cummins Reports Third Quarter 2017 Results

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Go back to Cummins Reports Third Quarter 2017 Results

Cummins (CMI) PT Raised to $190 at Stifel

November 1, 2017 6:56 AM EDT

Stifel raised its price target on Cummins (NYSE: CMI) to $190.00 (from $186.00) while maintaining a Hold rating following better-than-expected results from improving global truck markets and industrial economies, with particular strength in China and the companys Components segment

Analyst Michael Baudendistel noted shares... More

Cummins (CMI) Tops Q3 EPS by 25c

October 31, 2017 7:34 AM EDT

Cummins (NYSE: CMI) reported Q3 EPS of $2.71, $0.25 better than the analyst estimate of $2.46. Revenue for the quarter came in at $5.3 billion versus the consensus estimate of $4.78 billion.

Outlook

Based on its current forecast, Cummins expects full-year 2017 revenues to grow 14% to 15%, an increase from the... More