COLUMBUS, Ind. (AP) — COLUMBUS, Ind. (AP) — Cummins Inc. (CMI) on Tuesday reported fourth-quarter earnings of $418 million.
On a per-share basis, the Columbus, Indiana-based company said it had profit of $3.02. Earnings, adjusted for non-recurring costs, came to $5.16 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $4.68 per share.
The engine maker posted revenue of $8.45 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $8.13 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMI at https://www.zacks.com/ap/CMI
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