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What's Driving Tesla Lower Ahead of its Earnings?
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CSX Co.: The Railroad Powering Ahead with an Earnings Beat
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'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China
S&P 500   5,011.12
DOW   37,775.38
QQQ   423.41
What's Driving Tesla Lower Ahead of its Earnings?
Stock market today: Asian markets sink, with Japan’s Nikkei down 3.5%, as Mideast tensions flare
How major US stock indexes fared Thursday, 4/18/2024
3 Steel Stocks Could Soar on New China Tariffs
CSX Co.: The Railroad Powering Ahead with an Earnings Beat
These are the Top 4 Stocks for Buybacks in 2024
'There is no time to waste': EU leaders want to boost competitiveness to close gap with US and China

Cummins (CMI) Earnings Date, Estimates & Call Transcripts

$291.42
+0.06 (+0.02%)
(As of 04/18/2024 ET)

Earnings Summary

Upcoming
Earnings Date
May. 2
Before Market Opens
Confirmed
Actual EPS
(Feb. 6)
$4.14 Missed By -$0.27
Consensus EPS
(Feb. 6)
$4.41
Skip Charts & View Estimated and Actual Earnings Data

CMI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CMI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Cummins Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$4.61$5.31$4.96 
Q2 20242$4.74$4.75$4.75 
Q3 20242$4.03$4.42$4.23 
Q4 20242$3.92$4.04$3.98 
FY 20248$17.30$18.52$17.91 
Q1 20251$4.80$4.80$4.80 
Q2 20251$5.02$5.02$5.02 
Q3 20251$4.84$4.84$4.84 
Q4 20251$4.85$4.85$4.85 
FY 20254$19.51$19.51 $19.51

CMI Earnings Date and Information

Cummins last announced its quarterly earnings results on February 6th, 2024. The reported $4.14 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $4.41 by $0.27. The firm had revenue of $8.54 billion for the quarter, compared to the consensus estimate of $8.10 billion. Its revenue was up 9.9% on a year-over-year basis. Cummins has generated $5.18 earnings per share over the last year ($5.18 diluted earnings per share) and currently has a price-to-earnings ratio of 56.3. Earnings for Cummins are expected to grow by 13.45% in the coming year, from $18.29 to $20.75 per share. Cummins has confirmed that its next quarterly earnings report will be published on Thursday, May 2nd, 2024. Cummins will be holding an earnings conference call on Thursday, May 2nd at 10:00 AM Eastern. Interested parties can register for or listen to the call..

Cummins Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueCall Transcript
5/2/2024
Confirmed)
-------  
2/6/2024Q4 2023$4.41$4.14($0.27)$18.29$8.10 billion$8.54 billion      
11/2/2023Q3 2023$4.63$4.73+$0.10$4.87$8.14 billion$8.43 billion
8/3/2023Q2 2023$5.19$5.18($0.01)$5.31$8.39 billion$8.60 billion    
5/2/2023Q1 2023$4.70$5.55+$0.85$5.55$8.13 billion$8.45 billion      
2/6/2023Q4 2022$4.52$4.52-$4.61$7.21 billion$7.77 billion    
11/3/2022Q3 2022$4.88$3.21($1.67)$3.60$6.96 billion$7.33 billion    
8/2/2022Q2 2022$4.37$4.77+$0.40$4.60$6.48 billion$6.59 billion      
5/3/2022Q1 2022$3.55$4.04+$0.49$5.16$6.06 billion$6.39 billion      
2/3/2022Q4 2021$3.08$2.85($0.23)$2.97$5.81 billion$5.85 billion    
11/1/2021Q3 2021$3.99$3.69($0.30)$3.53$6.00 billion$5.97 billion    
8/2/2021Q2 2021$4.06$4.10+$0.04$4.20$6.00 billion$6.10 billion      
5/3/2021Q1 2021$3.47$4.04+$0.57$4.01$5.38 billion$6.09 billion    

Cummins Earnings - Frequently Asked Questions

When is Cummins's earnings date?

Cummins has confirmed that its next quarterly earnings data will be published on Thursday, May 2nd, 2024. Learn more on CMI's earnings history.

Did Cummins beat their earnings estimates last quarter?

In the previous quarter, Cummins (NYSE:CMI) missed the analysts' consensus estimate of $4.41 by $0.27 with a reported earnings per share (EPS) of $4.14. Learn more on analysts' earnings estimate vs. CMI's actual earnings.

How can I listen to Cummins's earnings conference call?

The conference call for Cummins's latest earnings report can be listened to online. Listen to Conference Call

How can I read Cummins's conference call transcript?

The conference call transcript for Cummins's latest earnings report can be read online. Read Transcript

How can I view Cummins's earnings report?

Cummins's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Cummins generate each year?

Cummins (NYSE:CMI) has a recorded annual revenue of $34.07 billion.

How much profit does Cummins generate each year?

Cummins (NYSE:CMI) has a recorded net income of $735 million. CMI has generated $5.18 earnings per share over the last four quarters.

What is Cummins's price-to-earnings ratio?

Cummins (NYSE:CMI) has a trailing price-to-earnings ratio of 56.26 and a forward price-to-earnings ratio of 15.93. The price/earnings-to-growth ratio is 2.01.

What is Cummins's EPS forecast for next year?

Cummins's earnings are expected to grow from $18.29 per share to $20.75 per share in the next year, which is a 13.45% increase.


More Earnings Resources from MarketBeat

This page (NYSE:CMI) was last updated on 4/19/2024 by MarketBeat.com Staff

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