Recap: Cummins Q2 Earnings

Recap: Cummins Q2 Earnings

 

Cummins CMI reported its Q2 earnings results on Tuesday, August 2, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Earnings

Cummins beat estimated earnings by 9.66%, reporting an EPS of $4.77 versus an estimate of $4.35.

Revenue was up $475.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.48 which was followed by a 3.28% increase in the share price the next day.

Here's a look at Cummins's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 3.56 3.15 3.91 4.03
EPS Actual 4.04 2.85 3.69 4.10
Revenue Estimate 6.03B 5.79B 5.87B 5.99B
Revenue Actual 6.38B 5.85B 5.97B 6.11B

To track all earnings releases for Cummins visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews