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Cummins (CMI) Earnings Date, Estimates & Call Transcripts

$303.83
+3.52 (+1.17%)
(As of 08/21/2024 ET)

Earnings Summary

Upcoming
Earnings Date
Nov. 7Estimated
Actual EPS
(Aug. 1)
$5.26 Beat By $0.41
Consensus EPS
(Aug. 1)
$4.85
Skip Charts & View Estimated and Actual Earnings Data

CMI Earnings Estimates and Actuals by Quarter

The chart below shows up to four years of a company's earnings history. The dark blue line represents the company's actual earnings per share. The light blue area represents the range of Wall Street analysts' earnings estimates for each quarter.

CMI Estimated and Actual Revenue by Quarter

The chart below shows up to four years of a company's revenue history. The dark blue line represents the company's actual revenue. The light blue line represents the company's estimated revenue based on the consensus of Wall Street analysts for each quarter.

Cummins Analyst EPS Estimates

QuarterNumber of EstimatesLow EstimateHigh EstimateAverage EstimateCompany Guidance
Q1 20242$4.61$5.31$4.96 
Q2 20242$4.74$5.01$4.88 
Q3 20242$4.03$4.58$4.31 
Q4 20242$3.92$4.74$4.33 
FY 20248$17.30$19.64$18.47 
Q1 20251$5.23$5.23$5.23 
Q2 20251$5.77$5.77$5.77 
Q3 20251$5.28$5.28$5.28 
Q4 20251$5.37$5.37$5.37 
FY 20254$21.65$21.65$21.65 
Q1 20261$5.69$5.69$5.69 
Q2 20261$6.94$6.94$6.94 

CMI Earnings Date and Information

Cummins last released its earnings results on August 1st, 2024. The reported $5.26 EPS for the quarter, topping the consensus estimate of $4.85 by $0.41. The firm earned $8.80 billion during the quarter, compared to analyst estimates of $8.33 billion. Its revenue was up 2.3% on a year-over-year basis. Cummins has generated $13.66 earnings per share over the last year ($13.66 diluted earnings per share) and currently has a price-to-earnings ratio of 22.2. Earnings for Cummins are expected to grow by 15.74% in the coming year, from $18.61 to $21.54 per share. Cummins has not formally confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 7th, 2024 based off prior year's report dates.

Cummins Earnings History by Quarter

DateQuarterConsensus EstimateReported EPSBeat/MissGAAP EPSRevenue EstimateActual RevenueDetails
11/7/2024
(Estimated)
------- 
8/1/2024Q2 2024$4.85$5.26+$0.41$5.26$8.33 billion$8.80 billion          
5/2/2024Q1 2024$5.11$5.10($0.01)($3.83)$8.36 billion$8.40 billion    
2/6/2024Q4 2023$4.41$4.14($0.27)$18.29$8.10 billion$8.54 billion          
11/2/2023Q3 2023$4.63$4.73+$0.10$4.87$8.14 billion$8.43 billion    
8/3/2023Q2 2023$5.19$5.18($0.01)$5.31$8.39 billion$8.60 billion        
5/2/2023Q1 2023$4.70$5.55+$0.85$5.55$8.13 billion$8.45 billion          
2/6/2023Q4 2022$4.52$4.52-$4.61$7.21 billion$7.77 billion        
11/3/2022Q3 2022$4.88$3.21($1.67)$3.60$6.96 billion$7.33 billion        
8/2/2022Q2 2022$4.37$4.77+$0.40$4.60$6.48 billion$6.59 billion          
5/3/2022Q1 2022$3.55$4.04+$0.49$5.16$6.06 billion$6.39 billion          
2/3/2022Q4 2021$3.08$2.85($0.23)$2.97$5.81 billion$5.85 billion        
11/1/2021Q3 2021$3.99$3.69($0.30)$3.53$6.00 billion$5.97 billion        
8/2/2021Q2 2021$4.06$4.10+$0.04$4.20$6.00 billion$6.10 billion        
5/3/2021Q1 2021$3.47$4.04+$0.57$4.01$5.38 billion$6.09 billion        
2/3/2021Q4 2020$2.74$3.36+$0.62$3.36$5.18 billion$5.83 billion  
11/1/2020Q3 2020$2.41$3.57+$1.16$3.78$4.50 billion$5.12 billion    
7/28/2020Q2 2020$0.93$1.86+$0.93$2.04$3.68 billion$3.85 billion    
4/28/2020Q1 2020$2.18$3.18+$1.00$2.95$4.87 billion$5.01 billion    
2/4/2020Q4 2019$2.42$2.56+$0.14$3.15$5.39 billion$5.58 billion  
10/29/2019Q3 2019$3.84$3.83($0.01)$3.69$5.87 billion$5.77 billion    

Cummins Earnings - Frequently Asked Questions

When is Cummins's earnings date?

Cummins has not confirmed its next earnings publication date, but the company's estimated earnings date is Thursday, November 7th, 2024 based off last year's report dates. Learn more on CMI's earnings history.

What guidance has Cummins issued on next quarter's earnings?

Cummins issued an update on its FY 2024 earnings guidance on Thursday, August, 1st. The company issued revenue guidance of $33.0 billion-$34.1 billion, compared to the consensus revenue estimate of $32.8 billion.

Did Cummins beat their earnings estimates last quarter?

In the previous quarter, Cummins (NYSE:CMI) reported $5.26 earnings per share (EPS) to beat the analysts' consensus estimate of $4.85 by $0.41. Learn more on analysts' earnings estimate vs. CMI's actual earnings.

How can I listen to Cummins's earnings conference call?

The conference call for Cummins's latest earnings report can be listened to online. Listen to Conference Call

How can I read Cummins's conference call transcript?

The conference call transcript for Cummins's latest earnings report can be read online. Read Transcript

How can I view Cummins's earnings report?

Cummins's earnings report can be found in their filing with the SEC. View SEC filing

How much revenue does Cummins generate each year?

Cummins (NYSE:CMI) has a recorded annual revenue of $34.17 billion.

How much profit does Cummins generate each year?

Cummins (NYSE:CMI) has a recorded net income of $735 million. CMI has generated $13.66 earnings per share over the last four quarters.

What is Cummins's price-to-earnings ratio?

Cummins (NYSE:CMI) has a trailing price-to-earnings ratio of 22.24 and a forward price-to-earnings ratio of 16.33. The price/earnings-to-growth ratio is 1.93.

What is Cummins's EPS forecast for next year?

Cummins's earnings are expected to grow from $18.61 per share to $21.54 per share in the next year, which is a 15.74% increase.


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This page (NYSE:CMI) was last updated on 8/22/2024 by MarketBeat.com Staff

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