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Cummins Earnings, Revenue Beat in Q2

Published 08/03/2021, 07:33 AM
CMI
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Investing.com - Cummins (NYSE:CMI) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Cummins announced earnings per share of $4.1 on revenue of $6.11B. Analysts polled by Investing.com anticipated EPS of $4.07 on revenue of $6.04B.

Cummins shares are down 0% from the beginning of the year, still down 17.33% from its 52 week high of $277.09 set on March 16. They are under-performing the S&P 500 which is up 16.8% from the start of the year.

Cummins shares gained 0.85% in pre-market trade following the report.

Cummins follows other major Industrials sector earnings this month

Cummins's report follows an earnings beat by United Parcel Service on July 27, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.81 on revenue of $23.19B.

Honeywell had beat expectations on July 23 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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