Cummins stock jumped Tuesday after the diesel engine maker posted solid fourth-quarter results and an equally solid outlook ...
U.S. truck engine maker Cummins Inc on Tuesday reported fourth-quarter revenue and profit above Wall Street estimates on ...
Weak global heavy-duty truck market demand plus a reorganization of the Accelera decarbonization technology unit hurt Cummins profit in the fourth quarter of 2024, the company said Feb. 4.
Engine manufacturer Cummins (NYSE:CMI) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, but sales fell by 1 ...
Reports Q4 revenue $8.45B, consensus $8.09B. The current quarter results include Accelera reorganization actions of $312M, or $2.14 per diluted ...
These pickup trucks took advantage of turbochargers in diesels and modern downsized engines to provide decent fuel economy ...
“Cummins delivered strong operational results in the fourth quarter and achieved record full year revenues, net income, EBITDA and EPS, despite a decline in heavy duty truck demand in North ...
To summarize, we delivered record sales and profitability in 2024, including strong results in the second half of the year even as demand in the North American heavy-duty truck market declined,” said ...
Cummins' guidance for its 2025 revenue ranges from a 2% decline to a 3% increase. Though it anticipates some weakness in the North American heavy-duty truck market, management expects EBITDA to be ...
Already top commercial vehicle players are electrifying their light and small commercial vehicles and looking at CNG, LNG and other options for the medium and heavy duty trucks. Advt Cummins has ...
The drop in the former's sales was tied to Cummins' separation of Atmus last March and lower heavy-duty truck demand. That sent the topline 15.8% lower during the quarter to $2.72 billion.