BRIEF-Cummins Reports Strong Q4 And FY 2024 Results, Incurs Charges From Accelera Reorganization

Reuters
04 Feb
BRIEF-Cummins Reports Strong Q4 And FY 2024 Results, Incurs Charges From Accelera Reorganization

Feb 4 (Reuters) - Cummins Inc CMI.N:

  • CUMMINS REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2024 RESULTS, INCURS CHARGES ASSOCIATED WITH REORGANIZATION OF ACCELERA

  • CUMMINS OUTLOOK FY 2025 REVENUE TO BE IN RANGE OF DOWN 2% TO UP 3%, AND EBITDA TO BE IN RANGE OF 16.2% AND 17.2% OF SALES

  • CUMMINS: IN 2025, WE ANTICIPATE THAT DEMAND WILL BE SLIGHTLY WEAKER IN NORTH AMERICA ON-HIGHWAY TRUCK MARKETS

  • CUMMINS: Q4 RESULTS INCLUDE $312 MILLION, OR $2.14 PER DILUTED SHARE, OF ACCELERA STRATEGIC REORGANIZATION ACTIONS

  • FY2025 REVENUE VIEW $34.69 BILLION -- LSEG IBES DATA

Source text: ID:nBwV5pz8a

Further company coverage: CMI.N

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10