Cummins Inc. schlägt Erwartungen und erhöht Ausblick...
Net income of $663M, or $4.20 per diluted share vs. $325M, or $1.96 per diluted share in the same quarter a year ago.
Revenue by segment: Engine +8%; Distribution +8%; Components +6%; Power Systems flat.
The company is maintaining its full year 2019 revenues to be flat to up 4% and EBITDA of 16.25%-16.75% of sales, up from 15.75%-16.25%.
CMI +1.7% premarket
https://seekingalpha.com/news/3456001-cu...ts-revenue
Net income of $663M, or $4.20 per diluted share vs. $325M, or $1.96 per diluted share in the same quarter a year ago.
Revenue by segment: Engine +8%; Distribution +8%; Components +6%; Power Systems flat.
The company is maintaining its full year 2019 revenues to be flat to up 4% and EBITDA of 16.25%-16.75% of sales, up from 15.75%-16.25%.
CMI +1.7% premarket
https://seekingalpha.com/news/3456001-cu...ts-revenue
