Cummins Inc
CMI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| N#p | LOCK|hWzD | LOCK|#^w&WbN |
Cummins Earnings: Power Systems Still the Main Earnings Driver, but Inflection Coming in Trucks
Cummins reported a 3% increase in sales to $8.4 billion, a 2% increase to adjusted EBITDA to $1.49 billion, and a 3% increase to adjusted EPS of $6.15. Power systems, which provides backup generators to data centers, continues to outperform while heavy- and medium-duty truck markets are recovering.
