Cummins (CMI) Tops Q3 EPS by $1.04, Beats on Revenue; Offers Guidance
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Cummins Reports Strong Third Quarter 2024 Results
November 5, 2024 7:30 AM ESTThird quarter revenues of $8.5 billion; GAAP1 Net Income of $809 million, or 9.6% of sales EBITDA in the third quarter was 16.4% of sales; Diluted EPS of $5.86 The company is maintaining its full year 2024 revenue guidance of down 3% to flat. EBITDA is now expected to be approximately 15.5% compared to previous guidance of 15.0% to 15.5%.
COLUMBUS, Ind.--(BUSINESS WIRE)-- Cummins Inc. (NYSE: CMI) today reported results for the third quarter of 2024.
We achieved strong sales and profitability in the third quarter, led... More
