A Preview Of Cummins's Earnings
Portfolio Pulse from Benzinga Insights
Cummins (NYSE:CMI) is scheduled to release its quarterly earnings report on February 6, 2024, with an estimated EPS of $4.48. The company's past earnings performance shows mixed results, with a slight beat last quarter leading to a 3.64% increase in share price. However, over the last 52 weeks, Cummins shares have declined by 3.28%. Investors will be keenly watching for not only the earnings results but also the company's guidance for future growth.
February 05, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Cummins is expected to announce its quarterly earnings with an anticipated EPS of $4.48. The company's performance and future guidance will be crucial for investors, especially considering the 3.28% decline in share price over the last year.
The anticipation of Cummins's earnings report and its potential to beat the EPS estimate could influence the stock price. However, the mixed past performance and the overall negative trend over the last year introduce uncertainty, making the short-term impact neutral. The company's guidance will be a key factor to watch, as it could significantly sway investor sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100