Cummins Reports Record First Quarter 2023 Results

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Go back to Cummins Reports Record First Quarter 2023 Results

Cummins (CMI) Tops Q1 EPS by 84c, Offers Outlook

May 2, 2023 7:32 AM EDT

Cummins (NYSE: CMI) reported Q1 EPS of $5.55, may not compare to the analyst estimate of $4.71. Revenue for the quarter came in at $8.5 billion versus the consensus estimate of $8.09 billion.

2023 Outlook:

Based on its current forecast, Cummins is raising its full year 2023 revenue guidance to be up 15 to 20 percent, an increase from our prior projections of up 12 to 17... More