COLUMBUS, Ind. — COLUMBUS, Ind. — Cummins Inc. (CMI) on Tuesday reported fourth-quarter net income of $418 million. The Columbus, Indiana-based company said it had net income of $3.02 per share.
Engine manufacturer Cummins (NYSE:CMI) reported in Q4 CY2024, but sales fell by 1.1% year on year to $8.45 billion. Its GAAP profit of $3.02 per share was 34.9% below analysts’ consensus estimates.
Cummins reported strong top-line results, but earnings per share came in significantly below expectations due to strategic reorganization costs. Cummins is a global power technology leader that ...
Cummins Inc. CMI reported fourth-quarter 2024 earnings of $5.16 per share, which surpassed the Zacks Consensus Estimate of $4.68 and increased from $4.14 recorded in the corresponding quarter of 2023.
Cummins (CMI) came out with quarterly earnings of $5.16 per share, beating the Zacks Consensus Estimate of $4.68 per share. This compares to earnings of $4.14 per share a year ago. These figures ...
B. Riley analyst Zach Cummins lowered the firm’s price target on AudioEye (AEYE) to $26 from $32.50 and keeps a Buy rating on the shares.