- Cummins press release ( NYSE: CMI ): Q2 Non-GAAP EPS of $4.77 beats by $0.43 .
- Revenue of $6.59B (+7.9% Y/Y) beats by $110M .
- The company is maintaining its full year 2022 guidance, expecting revenue to be up 8% and EBITDA of approximately 15.5%.
- “High inflation and rising global interest rates have increased uncertainty about the pace of growth in the global economy. Demand for Cummins’ products and services remains strong, and as a result we have maintained our projection for full year revenues and profitability from three months ago,” said Rumsey. “We continue to monitor economic conditions closely and will adjust our operating plans should the outlook for our core markets weaken.”
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Cummins Non-GAAP EPS of $4.77 beats by $0.43, revenue of $6.59B beats by $110M