Cummins Inc
CMI: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| Qxt | LOCK|?^&x | LOCK|H>&l%S% |
Cummins Earnings: Tightens Guidance to Lower End Despite General Market Improvement
In Cummins' third quarter, revenue grew 13% year over year to $9.4 billion, EBITDA margin expanded 170 basis points to 18.9%, and earnings per share grew 48% to $8.25. The North American heavy- and medium-duty truck markets and data centers were key growth drivers.
