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Cummins: Q3 Earnings Snapshot
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COLUMBUS, Ind. (AP) — COLUMBUS, Ind. (AP) — Cummins Inc. (CMI) on Thursday reported third-quarter earnings of $1.14 billion.

On a per-share basis, the Columbus, Indiana-based company said it had net income of $8.25. Earnings, adjusted for pretax gains, came to $7.71 per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $8.38 per share.

The engine maker posted revenue of $9.44 billion in the period, which also missed Street forecasts. Six analysts surveyed by Zacks expected $9.89 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMI at https://www.zacks.com/ap/CMI

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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