Cummins (NYSE:CMI) reported its Q4 earnings results on Thursday, February 3, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
Cummins missed estimated earnings by 13.33%, reporting an EPS of $2.73 versus an estimate of $3.15, which surprised analysts.
Revenue was up $20.00 million from the same period last year.
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Past Earnings Performance
Last quarter the company missed on EPS by $0.22, which was followed by a 2.81% drop in the share price the next day.
Here's a look at Cummins's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 3.91 | 4.03 | 3.47 | 2.80 |
| EPS Actual | 3.69 | 4.10 | 4.07 | 3.36 |
| Revenue Estimate | 5.87B | 5.99B | 5.36B | 5.19B |
| Revenue Actual | 5.97B | 6.11B | 6.09B | 5.83B |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
