Cummins Reports Third Quarter Results with Revenue and EPS Misses
Cummins (CMI) reported third-quarter financial results that fell short of analyst expectations on both the top and bottom lines. The company posted GAAP earnings per share of $8.25, missing estimates by $0.03, while revenue reached $9.4 billion, a 13% year-over-year increase that missed consensus by approximately $470 million. Despite the misses in revenue and EPS, Cummins achieved record EBITDA for the quarter at $1.8 billion, representing an 18.9% margin compared to 14.3% in the prior year period. The company also provided updates regarding its fiscal year 2026 outlook as it navigates shifting market demands.
Tickers: $CMI
Topics: earnings miss EBITDA growth financial results revenue miss
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