The supply chain crisis and rising material costs dented Q4 profits, but diesel and alternative powertrain manufacturer Cummins Inc. posted record revenues in 2021 and forecast continued global growth

Recap: Cummins Q4 Earnings

12:45pm, Thursday, 03'rd Feb 2022 Benzinga
Cummins (NYSE: CMI ) reported its Q4 earnings results on Thursday, February 3, 2022 at 07:30 AM. Here''s what investors need to know about the announcement. Earnings Cummins missed estimated earnings by 13.33%, reporting an EPS of $2.73 versus an estimate of $3.15, which surprised Full story available on Benzinga.com
Cummins press release (CMI): Q4 GAAP EPS of $2.73 misses by $0.41.Revenue of $5.9B (+1.2% Y/Y) beats by $90M.The company expects full year 2022 revenues to be up 6 percent vs

Cummins Reports Fourth Quarter and Full Year 2021 Results

12:30pm, Thursday, 03'rd Feb 2022 Business Wire
COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported full year 2021 results. Revenues for the full year were $24 billion, 21 percent higher than 2020. Sales in North America increased 17 percent and international revenues increased 27 percent. Sales increased in all major regions compared to the prior year, which was severely impacted by the height of the COVID-19 pandemic. EBITDA for the year was $3.5 billion (14.7 percent of sales) compared to $3.1 billion (15.7 percent of
Cummins (CMI) expects 2022 revenues to grow 6% year over year. EBITDA is envisioned at 15.5% of sales.
Cummins Inc. CMI reported fourth-quarter sales of $5.85 billion, flat year-over-year, beating the consensus of $5.79 billion. Sales in North America decreased 4% while international revenues increas

Cummins (CMI) Q4 Earnings Lag Estimates

09:14am, Thursday, 03'rd Feb 2022
Cummins (CMI) delivered earnings and revenue surprises of -7.47% and 1.16%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
Cummins Inc. CMI, +0.42% reported Thursday fourth-quarter profit that fell below expectations while revenue topped forecasts, as increased manufacturing, logistics and material costs resulting from su
Fair that Langer being evaluated, part of high performance environment: Cummins

Cummins Q4 2021 Earnings Preview (NYSE:CMI)

05:34pm, Wednesday, 02'nd Feb 2022 Seeking Alpha
Cummins (NYSE:CMI) is scheduled to announce Q4 earnings results on Thursday, February 3rd, before market open.The consensus EPS Estimate is $3.14 and the consensus Revenue Estimate
Per the latest Earnings Trend report, the auto sector Q4 earnings are likely to grow 6.1% y/y. Read on to know the factors likely to have shaped Ford (F), Cummins (CMI) and Meritor's (MTOR) earnings.
The Zacks Consensus Estimate for Cummins' (CMI) Q4 earnings and revenues is pegged at $3.08 per share and $5.78 billion, respectively.
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President Joe Biden is slated to meet Wednesday with CEOs from a number of companies as he tries again to push for passage of his social-spending and climate bill, according to multiple published reports. General Motors CEO Mary Barra, Ford CEO Jim Farley, Microsoft President Brad Smith, Salesforce.com CEO Marc Benioff and TIAA CEO Thasunda Brown Duckett are due to be among the participants in the meeting. Corning CEO Wendell Weeks, HP CEO Enrique Jones, Cummins CEO Tom Linebarger, Etsy CEO Josh Silverman and Siemens USA CEO Barbara Humpton also reportedly are expected to take part. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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