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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Cummins

Cummins, Inc. designs, manufactures and markets diesel and natural gas engines. It operates through the following segments: Engine, Distribution, Components, Power Systems, and New Power. The Engine segment manufactures and markets diesel and natural gas-powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment consists of parts, engines, power generation and service, which service and distribute its products and services. The Components segment supplies products such as, aftertreatment systems, turbochargers, transmissions, filtration products, electronics and fuel systems for commercial diesel, and natural gas applications. The Power Systems segment engages in power generation, industrial and generator technologies. The New Power segment designs, manufactures, sells and supports hydrogen production solutions, as well as electrified power systems ranging from fully electric to hybrid along with components and subsystems, including battery and fuel cell technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919, and is headquartered in Columbus, IN.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q4 2024

Cummins reports robust Q4 earnings, eyes sustainability and innovation

Cummins' strong financial performance in Q4 2022 and full-year results reflect consistent growth and strategic execution.
The company's focus on clean energy technologies, investments in new power solutions, and market positioning provide a solid foundation for future success.
While facing challenges in interest expenses and market dynamics, Cummins has opportunities to drive growth through innovation, operational efficiency, and global market trends.
Overall, Cummins remains optimistic about its future prospects, emphasizing sustainability, profitability, and meeting evolving customer needs in the e-mobility space.

Cummins reports record Q1 revenues, raises full-year forecast

Cummins reported robust Q1 performance with record revenues and raised full-year forecast. The company faces challenges related to margin impact and legal discussions on emission systems. Opportunities exist in expanding into the rail market and focusing on operational efficiencies and new technologies.

Cummins reports record Q2 revenues, eyes growth amidst market challenges

Cummins delivered strong financial performance with record revenues and growth in key segments.
While facing market challenges and uncertainties, the company maintains a focus on profitability and growth.
Opportunities lie in balancing pricing strategies, investing in sustainable solutions, and managing costs.
Overall, Cummins' outlook for 2023 and 2024 remains stable amidst market dynamics.

Cummins reports robust Q3 earnings, eyes growth amid challenges

Cummins' Q3 2023 performance reflects strong revenue growth, operational efficiency, and strategic financial management.
While facing challenges like supply constraints and market softening, the company is focused on innovation, cost reduction, and profitable growth.
Opportunities in market expansion, product launches, and continued investments position Cummins for sustained growth and shareholder value creation.

Cummins posts record revenues in Q4 2023 amid market challenges

Cummins delivered strong financial results in Q4 2023, with record revenues and a focus on clean energy technology. Despite market challenges and uncertainties, the company remains committed to optimizing operations and investing in growth areas like data centers and electrolyzers.

Cummins reports stable Q1 earnings, eyes growth through new technologies

Cummins delivered solid financial performance in Q1 2024, with a focus on innovation, margin improvement, and shareholder returns. While facing challenges in market dynamics and supply chain issues, the company is strategically positioned to capitalize on opportunities in new technologies and regulatory changes. Cummins' proactive approach to investments and business optimization sets a strong foundation for future growth.

Cummins achieves record revenues in Q2 2024, focuses on sustainability

Cummins reported strong Q2 2024 results with record revenues and improved profitability, driven by strategic partnerships and operational efficiencies.
While facing challenges in international markets and external uncertainties, Cummins remains focused on innovation and sustainability initiatives.
Opportunities lie in revenue growth through market expansion, product diversification, and investment in sustainable technologies for future success.
Overall, Cummins' performance reflects resilience and adaptability in navigating market complexities and driving sustainable growth.

Cummins reports mixed Q3 performance, eyes growth in international markets

Cummins reported a mixed performance in Q3 2024 with revenue outlook consistent with prior guidance but improved EBITDA guidance.
The company demonstrated strengths in international revenue growth, strong power generation sales, and shareholder returns.
Challenges were seen in certain segments and operational performance, with opportunities identified in specific market segments and R&D investments.
Analyst questions highlighted key areas of concern and potential focus for future strategic decisions.

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Cummins, Inc. engages in the design, manufacture, and distribution of diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, hydrogen production technologies, and fuel cell products. It operates through the following segments: Engine, Distribution, Components, Power Systems, and Accelera. The Engine segment manufactures and markets diesel and natural gas-powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment includes power generation systems, high-horsepower engines, heavy-duty and medium-duty engines designed for on- and off-highway use, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair service. The Components segment supplies products including axles, drivelines, brakes and suspension systems for commercial diesel and natural gas applications, aftertreatment systems, turbochargers, fuel systems, valvetrain technologies, filtration products, automated transmissions, and electronics. The Power Systems segment engages in power generation, industrial, and generator technologies. The Accelera segment designs, manufactures, sells, and supports hydrogen production technologies, as well as electrified power systems, including battery, fuel cell, and electric powertrain technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919 and is headquartered in Columbus, IN.

Shares of Cummins Inc. CMI, +2.29% fell 1.4% in premarket trading Tuesday, after the auto engine power generation products company reported third-quarter profit that missed expectations while sales beat, and lowered its full-year outlook. Net income for the quarter to Oct. 3 rose to $534 million, or $3.69 a share, form $501 million, or $3.36 a share, in the year-ago period.

Cummins stock falls after profit missed expectations while sales beat, and full-year growth outlook lowered

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Dividend Stock Watch List: Lanny's November 2021 Edition

Projected declines in revenues from all major segments as well as rising capex and R&D expenses are likely to have hurt Cummins' (CMI) performance during the third quarter.

Factors Shaping the Fate of Cummins (CMI) This Earnings Season

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) Chairman and CEO Tom Linebarger, which announced the company's support on October 1 for the climate change provisions of the reconciliation bill, today said he is pleased with the progress on both the Infrastructure, Investment and Jobs Act and the Build Back Better Act framework, and encourages Congress to pass the legislation quickly. Linebarger issued the following statement: “We are pleased with the progress that's been made on the I

Cummins Pleased With Progress on the Infrastructure, Investment and Jobs Act and Build Back Better Act and Encourages Congress to Pass These Historic Legislative Achievements to Address Climate Change

Fiat Chrysler

DETROIT--(BUSINESS WIRE)--Leading consumer rights law firm Hagens Berman today filed a class-action lawsuit against Fiat Chrysler (FCA) and Cummins on behalf of 600,000 owners and lessors of 2018 – 2020 Dodge RAM Heavy Duty Cummins-equipped diesel trucks containing a defective CP4 fuel injection pump. The lawsuit filed Oct. 22, 2021, in the U.S. District Court for the Eastern District of Michigan states that the defect poses an “imminent safety risk to the public,” leaving vehicle owners at ris

Hagens Berman: Consumers Sue Fiat Chrysler and Cummins for Defective Fuel Pump in Dodge RAM Heavy Duty Diesel Trucks

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today it has been accepted into two influential groups advocating for climate action ahead of the global COP26 climate summit in Glasgow, Scotland (U.K.) starting Oct. 31. The Business Ambition for 1. 5°C campaign encourages companies to set robust emission reduction goals for greenhouse gases (GHGs) using science-based targets aligned to the 2015 Paris Climate Accords. By extension, Cummins has also been accepted into the Unit

Cummins Named to Key Climate Action Groups Ahead of COP26 Summit

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Cummins Inc. (NYSE: CMI) unveiled a 15-liter natural gas engine for heavy-duty trucks, marking an important part of its strategy for its path to zero emissions. Cummins expects the expanding product lineup to help achieve its PLANET 2050 environmental goals.

Cummins Unveils 15-Liter Natural Gas Engine For Heavy-Duty Trucks

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced that it will bring to market a 15-liter natural gas engine for heavy-duty trucks. The 15-liter natural gas engine is an important part of Cummins strategy for its path to zero emissions to go further, faster to reduce the greenhouse gas and air quality impacts of its products in a way that is best for its customers and all stakeholders. The strategy focuses on new powertrains including advanced diesel, natural gas, hydrog

Moving Heavy-Duty Trucking Down the Path to Zero Emissions

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Cummins, FuelCell Energy: Hydrogen Stocks Continue To Underperform. Should You Invest?

Cummins Inc. (NYSE: CMI) will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies. Cummins collaborates with multiple ADS technology companies to refine the solutions for commercial markets.

Cummins Plans To Launch Software Features To Integrate Powertrains With ADS Technologies

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI), a global power technology leader, will be launching a set of software features to integrate its powertrains with Automated Driving System (ADS) technologies. Cummins is a market leader in delivering powertrains that provide leading performance and fuel economy through the integration of hardware and software. With these new software features, Cummins will extend these core capabilities into the ADS space as well. Cummins is positioned t

Cummins Collaborates Across Autonomous Vehicle System Providers to Offer Leading Powertrain Solutions

DuPont de Nemours

New Linde PLC

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DE PERE, Wis., Oct. 7, 2021 /PRNewswire/ -- Today, Cummins Inc. (NYSE: CMI) announces the new SD 20 diesel generator set for commercial mobile applications.

Cummins announces new 20kW generator for commercial mobile applications

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Are Investors Undervaluing Cummins (CMI) Right Now?

Cummins (CMI) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why the Earnings Surprise Streak Could Continue for Cummins (CMI)

COLUMBUS, Ind.--(BUSINESS WIRE)--Headline of release should read: Cummins Encourages Congress to Pass Reconciliation Bill to Combat Climate Change and Invest in a Decarbonized Future (instead of Cummins Encourages Congress to Pass 265800 Bill to Combat Climate Change and Invest in a Decarbonized Future). The updated release reads:  CUMMINS ENCOURAGES CONGRESS TO PASS RECONCILIATION BILL TO COMBAT CLIMATE CHANGE AND INVEST IN A DECARBONIZED FUTURE Cummins Inc. (NYSE: CMI) today announced its sup

CORRECTING and REPLACING Cummins Encourages Congress to Pass Reconciliation Bill to Combat Climate Change and Invest in a Decarbonized Future

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today announced its support for the climate change provisions of the reconciliation bill and encourages Congress to pass the legislation. The path to a decarbonized and sustainable future requires the engagement of everyone – government, businesses of all sizes, as well as communities and individuals. “The decarbonization investments in the reconciliation bill are critical to accelerating the adoption of innovations that can reduce emiss

Cummins Encourages Congress to Pass 265800 Bill to Combat Climate Change and Invest in a Decarbonized Future

Cummins Inc (NYSE: CMI) shares didn't perform well last several weeks as the company continues to face significant constraints in the supply chain. Fundamental analysis: Cummins continues to face significant constraints in the supply chain Cummins is an American multinational corporation that manufactures and distributes engines, filtration, and power generation products.

Should I buy Cummins shares in October 2021? Here's my price prediction

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?

Are You Looking for a High-Growth Dividend Stock? Cummins (CMI) Could Be a Great Choice

Cummins Inc. (NYSE: CMI) received an award from the UK Government, provided through the Advanced Propulsion Centre (APC), to play a significant role in de-carbonizing transport from 2025 onward. The financial terms of the contract were not disclosed.

Cummins Bags Award From UK Government To Accelerate Hydrogen Engine Development

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) announced today that its hydrogen-fueled internal combustion engine (H2-ICE) program is beginning development of a medium-duty 6.7-liter and a heavy-duty 15-liter engine. “We've established significant goals as part of our PLANET 2050 sustainability strategy, including a target of zero emissions,” said Srikanth Padmanabhan, President, Engine Business, Cummins Inc. “Reducing well-to-wheels carbon emissions requires innovation of both ener

Cummins Receives Award from the UK Government to Accelerate Hydrogen Engine Development for Medium and Heavy-Duty Engines

Cummins (CMI) closed the most recent trading day at $227.69, moving -0.88% from the previous trading session.

News for Cummins Stock (CMI)