Cummins Inc
CMI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|!< | LOCK|Km?x | LOCK|l%m&%< |
Cummins Earnings: Unexpected Margin Miss Offsets Accelerating Top Line
Cummins posted 9% revenue growth to $9.5 billion, but EBITDA margins compressed by 90 basis points to 17.5% due to higher incentive compensation expense in advance of the company’s record performance, surprising investors.
