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CMI News and Press, Cummins Inc. From 08/10/23

Stock Information

Company Name: Cummins Inc.
Stock Symbol: CMI
Market: NYSE
Website: cummins.com

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CMI - Cummins and Chevron Advance Strategic Collaboration

Cummins Inc. (NYSE: CMI) and Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE: CVX), announced a memorandum of understanding to leverage complementary positioning in hydrogen, natural gas, and other lower carbon fuel value chains. The announcement expands the two companies’ p...

CMI - Cummins Inc. (CMI) Q2 2023 Earnings Call Transcript

2023-08-03 14:35:04 ET Cummins Inc. (CMI) Q2 2023 Earnings Conference Call August 03, 2023 10:00 AM ET Company Participants Chris Clulow - Vice President of Investor Relations Jennifer Rumsey - Chairman and Chief Executive Officer Mark Smith - Vice President and ...

CMI - Cummins's stock declines after earnings miss

2023-08-03 08:46:46 ET More about Cummins Cummins Inc. 2023 Q2 - Results - Earnings Call Presentation Cummins: Forget The AI-Rally, Buy The Heat Rally Cummins: Still Cheaply Priced Cummins: Powering Its Engines Timken downgraded to Neutral at Citibank...

CMI - Cummins Non-GAAP EPS of $5.18 misses by $0.04, revenue of $8.64B beats by $250M

2023-08-03 07:36:24 ET Cummins press release ( NYSE: CMI ): Q2 Non-GAAP EPS of $5.18 misses by $0.04 . Revenue of $8.64B (+31.1% Y/Y) beats by $250M . The company is maintaining its full year 2023 guidance, expecting revenue to be up 15 to 20 percent and EBITDA...

CMI - Cummins Reports Strong Second Quarter 2023 Results

Record second quarter revenues of $8.6 billion; GAAP 1 Net Income of $720 million EBITDA in the second quarter was 15.1 percent of sales; Diluted EPS of $5.05 Second quarter results include $23 million, or $0.13 per diluted share, of costs related to the separation of Atmus Fi...

CMI - Cummins Q2 2023 Earnings Preview

2023-08-02 15:29:51 ET Cummins ( NYSE: CMI ) is scheduled to announce Q2 earnings results on Thursday, August 3rd, before market open. The consensus EPS Estimate is $5.22 and the consensus Revenue Estimate is $8.39B. Over the last 2 years, CMI has beaten EPS estimate...

CMI - 5 Expected Dividend Increases In August 2023

2023-08-02 08:45:00 ET Summary We discuss 5 expected dividend increases in August, featuring 4 Dividend Kings and 1 Dividend Aristocrat. Dividend growth is crucial in the current economic climate, with high inflation and major events. July dividend increases from featured stoc...

CMI - Cummins Program To Address Global Water Crisis Celebrates 2nd Anniversary

NORTHAMPTON, MA / ACCESSWIRE / July 31, 2023 / Cummins Inc. Cummins Cummins Inc. recently celebrated the second anniversary of the Cummins Water Works program, reporting it recorded 5.9 billion gallons in annual water benefits in 2022 through projects around the world. The global power tech...

CMI - Verizon Among 15 Companies To Announce Annual Dividend Increases In August

2023-07-31 07:01:51 ET Summary Multiple companies announced double-digit dividend boosts in July, led by Hershey, Cintas, and Marsh & McLennan. In contrast, several companies announced minimal increases to keep their dividend growth streaks going or, in the case of Walgreens B...

CMI - Trend Tracker for Cummins $CMI

2023-07-30 10:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

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