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Cummins Inc. (CMI) announced a profit for its fourth quarter that advanced from last year.


RTTNews | Feb 4, 2021 07:46AM EST

07:46 Thursday, February 4, 2021 (RTTNews.com) - Cummins Inc. (CMI) announced a profit for its fourth quarter that advanced from last year.

The company's earnings totaled $501 million, or $3.36 per share. This compares with $300 million, or $1.97 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.80 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.5% to $5.83 billion from $5.58 billion last year.

Cummins Inc. earnings at a glance:

-Analysts Estimate: $2.80-Revenue (Q4): $5.83 Bln vs. $5.58 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3166939/cummins-inc-q4-adjusted-earnings.aspx)

For comments and feedback: contact editorial@rttnews.com

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