Cummins Q3 Adj. EPS $4.73 Beats $4.71 Estimate, Sales $8.43B Beat $8.21B Estimate
Portfolio Pulse from Benzinga Newsdesk
Cummins (NYSE:CMI) reported Q3 earnings of $4.73 per share, beating the analyst consensus estimate of $4.71 by 0.42 percent. This is a 27.84 percent increase from the same period last year. The company also reported quarterly sales of $8.43 billion, beating the analyst consensus estimate of $8.21 billion by 2.69 percent, a 14.97 percent increase from the same period last year.
November 02, 2023 | 11:38 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cummins reported better than expected Q3 earnings and sales, which could positively impact its stock price in the short term.
Cummins reported Q3 earnings and sales that beat analyst estimates. This positive financial performance could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100