Upcoming Earnings Overview
Cummins Inc. is expected to announce its latest quarterly earnings on Monday, May 4th, with a consensus estimate EPS of 5.63.
Live Analysis
Cummins Inc. saw a price decrease of $19.52, closing at $641.26. The asset experienced a trading volume of $227,212, representing a 24.07% increase compared to the average.
Performance Streak
Cummins Inc. has shown a positive streak, with the price rising by $39.8 over eight consecutive days, reflecting a 6.62% increase.
Earnings Overview
In the most recent earnings report on Wednesday, February 4th, Cummins Inc. reported a consensus estimate EPS of 5.36.
Dividends
Cummins Inc. offers a forward dividend yield of 1.25% and a dividend per share of $7.82 over the trailing twelve months.
Cash Flow
The company generated a free cash flow of $990 million and ended the period with $2.85 billion in cash.
Income Statement
Cummins Inc. reported a net income of $593 million, translating to an EPS of $4.29 and a diluted EPS of $4.27.
Ratios
Key ratios include a net profit margin of 6.95%, return on equity of 4.8%, and a price-to-earnings ratio of 29.74.
Balance Sheet
The company holds total assets of $33.99 billion and total liabilities of $20.58 billion, with net debt amounting to $5.27 billion.
This comprehensive overview provides insight into Cummins Inc.'s recent performance and financial standing ahead of its upcoming earnings announcement.
Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components worldwide. It operates through five segments: Engine, Distribution, Components, Power Systems, and New Power. The company offers diesel and natural gas-powered engines under the Cummins and other customer brands for the heavy and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets; and offers new parts and services, as well as remanufactured parts and engines. It also provides power generation systems, high-horsepower engines, heavy and medium duty engines, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair services. In addition, the company offers emission solutions; turbochargers; air and fuel filters, fuel water separators, lube and hydraulic filters, coolants, fuel additives, and other filtration systems; and electronic control modules, sensors, and supporting software, as well as new, replacement, and remanufactured fuel systems. Further, it provides automated transmissions; standby and prime power generators, controls, paralleling systems, and transfer switches, as well as A/C generator/alternator products under the Stamford and AVK brands; and electrified power systems with components and subsystems, including battery, fuel cell, and hydrogen production technologies. Additionally, it offers filtration, aftertreatment, controls systems, air handling systems, automated transmissions, electric power generation systems, and batteries. The company sells its products to original equipment manufacturers, distributors, dealers, and other customers. The company was formerly known as Cummins Engine Company and changed its name to Cummins Inc. in 2001. Cummins Inc. was founded in 1919 and is headquartered in Columbus, Indiana.