Categories AlphaGraphs, Earnings, Energy

CMI Earnings: A snapshot of Cummins’ Q3 2023 results

Cummins Inc. (NYSE: CMI), a leading provider of power solutions, reported higher net sales and earnings for the third quarter of 2023. The management raised its full-year guidance.

Cummins Q3 2023 earnings infographic

September quarter sales increased to $8.43 billion from $7.33 billion in the corresponding period of 2022. Net income attributable to the company was $656 million or $4.59 per share, compared to $400 million or $2.82 per share in the prior-year quarter.

The company said it is raising its full-year 2023 guidance — now expects revenue to be up 18-21% and EBITDA to be 15.2 to 15.4% of total sales.

Prior Performance

Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.

Most Popular

US Bancorp (USB) reports lower adj. earnings for Q2; revenue drops

Financial services company U.S. Bancorp (NYSE: USB) on Wednesday announced operating results for the second quarter of 2024, reporting a decline in revenues and adjusted net income. Total net revenue

Johnson & Johnson (JNJ) Q2 2024 Earnings: Key financials and quarterly highlights

Johnson & Johnson (NYSE: JNJ) reported its second quarter 2024 earnings results today. Reported sales increased 4.3% year-over-year to $22.4 billion. Operational sales growth was 6.6%. Net income decreased 12.8% to

What to look for when Coca-Cola Company (KO) reports Q2 results

The Coca-Cola Company (NYSE: KO) is all set to unveil its second-quarter 2024 financial results next week. Over the years, it has constantly innovated its portfolio and expanded far beyond

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top