|Bid||142.16 x 800|
|Ask||143.50 x 1100|
|Day's Range||141.14 - 146.23|
|52 Week Range||124.40 - 175.91|
|Beta (3Y Monthly)||1.30|
|PE Ratio (TTM)||8.67|
|Earnings Date||Oct 28, 2019 - Nov 1, 2019|
|Forward Dividend & Yield||5.24 (3.58%)|
|1y Target Est||164.32|
Cummins Inc . (NYSE: CMI ) announced the retirement of President and Chief Operating Officer Rich Freeland on Wednesday, August 21, after a 40-year career at the engine maker where he started as a shift ...
Cummins Inc. (CMI) announced today that President and COO, Rich Freeland will retire after forty years of service with Cummins. As part of Cummins’ successions plans, the following leadership appointments are also taking place, all of which are effective October 15. Distribution President Tony Satterthwaite will succeed Freeland as President and COO.
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Indiana-based Cummins Inc. (NYSE: CMI) reported higher revenue and net income, but the power technology company's second quarter earnings came in below analysts expectations. As of about 12:50 p.m. EDT, Cummins stock is down 5.27 percent and trading at $164.81 per share. North American sales increased by 7 percent – setting a new quarterly record – with sales increases in all segments except power systems, which was hurt by lower demand from the oil and gas industry.
Cummins shares were falling Tuesday after the engine manufacturer missed Wall Street's second-quarter earnings and revenue expectations and reduced its guidance.
COLUMBUS, Ind.-- -- Second quarter revenues of $6.2 billion; GAAP 1 Net Income of $675 million Second quarter EBITDA of 17.0 percent of sales; Diluted EPS of $4.27 Expects full year 2019 revenues to be flat, at the low end of our previous guidance The company is maintaining its full year 2019 EBITDA guidance of 16.25 to 16.75 percent Cummins Inc. today reported results for the second quarter of 2019. ...