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An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

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Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

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Cummins

Cummins, Inc. designs, manufactures and markets diesel and natural gas engines. It operates through the following segments: Engine, Distribution, Components, Power Systems, and New Power. The Engine segment manufactures and markets diesel and natural gas-powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment consists of parts, engines, power generation and service, which service and distribute its products and services. The Components segment supplies products such as, aftertreatment systems, turbochargers, transmissions, filtration products, electronics and fuel systems for commercial diesel, and natural gas applications. The Power Systems segment engages in power generation, industrial and generator technologies. The New Power segment designs, manufactures, sells and supports hydrogen production solutions, as well as electrified power systems ranging from fully electric to hybrid along with components and subsystems, including battery and fuel cell technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919, and is headquartered in Columbus, IN.

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Cummins reports robust Q4 earnings, eyes sustainability and innovation

Cummins' strong financial performance in Q4 2022 and full-year results reflect consistent growth and strategic execution.
The company's focus on clean energy technologies, investments in new power solutions, and market positioning provide a solid foundation for future success.
While facing challenges in interest expenses and market dynamics, Cummins has opportunities to drive growth through innovation, operational efficiency, and global market trends.
Overall, Cummins remains optimistic about its future prospects, emphasizing sustainability, profitability, and meeting evolving customer needs in the e-mobility space.

Cummins reports record Q1 revenues, raises full-year forecast

Cummins reported robust Q1 performance with record revenues and raised full-year forecast. The company faces challenges related to margin impact and legal discussions on emission systems. Opportunities exist in expanding into the rail market and focusing on operational efficiencies and new technologies.

Cummins reports record Q2 revenues, eyes growth amidst market challenges

Cummins delivered strong financial performance with record revenues and growth in key segments.
While facing market challenges and uncertainties, the company maintains a focus on profitability and growth.
Opportunities lie in balancing pricing strategies, investing in sustainable solutions, and managing costs.
Overall, Cummins' outlook for 2023 and 2024 remains stable amidst market dynamics.

Cummins reports robust Q3 earnings, eyes growth amid challenges

Cummins' Q3 2023 performance reflects strong revenue growth, operational efficiency, and strategic financial management.
While facing challenges like supply constraints and market softening, the company is focused on innovation, cost reduction, and profitable growth.
Opportunities in market expansion, product launches, and continued investments position Cummins for sustained growth and shareholder value creation.

Cummins posts record revenues in Q4 2023 amid market challenges

Cummins delivered strong financial results in Q4 2023, with record revenues and a focus on clean energy technology. Despite market challenges and uncertainties, the company remains committed to optimizing operations and investing in growth areas like data centers and electrolyzers.

Cummins reports stable Q1 earnings, eyes growth through new technologies

Cummins delivered solid financial performance in Q1 2024, with a focus on innovation, margin improvement, and shareholder returns. While facing challenges in market dynamics and supply chain issues, the company is strategically positioned to capitalize on opportunities in new technologies and regulatory changes. Cummins' proactive approach to investments and business optimization sets a strong foundation for future growth.

Cummins achieves record revenues in Q2 2024, focuses on sustainability

Cummins reported strong Q2 2024 results with record revenues and improved profitability, driven by strategic partnerships and operational efficiencies.
While facing challenges in international markets and external uncertainties, Cummins remains focused on innovation and sustainability initiatives.
Opportunities lie in revenue growth through market expansion, product diversification, and investment in sustainable technologies for future success.
Overall, Cummins' performance reflects resilience and adaptability in navigating market complexities and driving sustainable growth.

Cummins reports mixed Q3 performance, eyes growth in international markets

Cummins reported a mixed performance in Q3 2024 with revenue outlook consistent with prior guidance but improved EBITDA guidance.
The company demonstrated strengths in international revenue growth, strong power generation sales, and shareholder returns.
Challenges were seen in certain segments and operational performance, with opportunities identified in specific market segments and R&D investments.
Analyst questions highlighted key areas of concern and potential focus for future strategic decisions.

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Cummins, Inc. engages in the design, manufacture, and distribution of diesel, natural gas, electric and hybrid powertrains and powertrain-related components including filtration, aftertreatment, turbochargers, fuel systems, valvetrain technologies, controls systems, air handling systems, automated transmissions, axles, drivelines, brakes, suspension systems, electric power generation systems, batteries, electrified power systems, hydrogen production technologies, and fuel cell products. It operates through the following segments: Engine, Distribution, Components, Power Systems, and Accelera. The Engine segment manufactures and markets diesel and natural gas-powered engines under the Cummins brand name, for the heavy- and medium-duty truck, bus, recreational vehicle, light-duty automotive, construction, mining, marine, rail, oil and gas, defense, and agricultural markets. The Distribution segment includes power generation systems, high-horsepower engines, heavy-duty and medium-duty engines designed for on- and off-highway use, application engineering services, custom-designed assemblies, retail and wholesale aftermarket parts, and in-shop and field-based repair service. The Components segment supplies products including axles, drivelines, brakes and suspension systems for commercial diesel and natural gas applications, aftertreatment systems, turbochargers, fuel systems, valvetrain technologies, filtration products, automated transmissions, and electronics. The Power Systems segment engages in power generation, industrial, and generator technologies. The Accelera segment designs, manufactures, sells, and supports hydrogen production technologies, as well as electrified power systems, including battery, fuel cell, and electric powertrain technologies. The company was founded by Clessie Lyle Cummins and William Glanton Irwin on February 3, 1919 and is headquartered in Columbus, IN.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Cummins (CMI) have what it takes?

Why Cummins (CMI) is a Top Dividend Stock for Your Portfolio

NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Rosen Law Firm, a global investor rights law firm, issues this updated notice in connection with the securities class action lawsuit on behalf of purchasers of the securities of Cummins Inc. (NYSE: CMI) between April 30, 2019 and December 21, 2023, both dates inclusive (the “Class Period”). This class action was originally filed on January 15, 2024. The lawsuit seeks to recover damages for Cummins investors under the federal securities laws.

Rosen Law Firm Issues Updated Notice In Securities Class Action Lawsuit on Behalf of Cummins Inc. Investors – CMI

Allison Transmission Hlds

Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.

Why Investors Need to Take Advantage of These 2 Auto, Tires and Trucks Stocks Now

COLUMBUS, Ind.--(BUSINESS WIRE)--The Board of Directors of Cummins Inc. (NYSE: CMI) today declared a quarterly common stock cash dividend of 1.82 dollars per share. The dividend is payable on December 5, 2024, to shareholders of record on November 22, 2024. About Cummins Inc. Cummins Inc., a global power solutions leader, is comprised of five business segments – Components, Engine, Distribution, Power Systems and Accelera by Cummins – supported by our global manufacturing and extensive service.

Cummins Inc. Declares Quarterly Common Stock Dividend

Cummins (NYSE: CMI) stock price has done well over the years. Most recently, it has risen in the past four consecutive months, reaching a record high of $338, and bringing its market cap to over $42 billion.

Cummins stock: time to buy, or wait for a pullback?

SACRAMENTO, Calif.--(BUSINESS WIRE)-- #agencyacquisition--Inszone Insurance Services, a rapidly growing national provider of commercial, personal, and benefits insurance, is pleased to announce its acquisition of Cummins Insurance, a respected agency with deep roots in the insurance industry. Cummins Insurance was originally founded in 1972 by Glen Cummins. Over the years, Glen's children—Debbie, DeAnna, and Dan—joined the family business, each contributing their unique skills to its growth. Debbie, the eldest, beg.

Inszone Insurance Services Welcomes Cummins Insurance, Further Expanding Bond Market

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

These 2 Auto, Tires and Trucks Stocks Could Beat Earnings: Why They Should Be on Your Radar

Cummins (CMI) is a Top Dividend Stock Right Now: Should You Buy?

Cummins Inc. is a global leader in industrial power systems, focusing on diesel, natural gas, electric, and hybrid powertrains, with a strong technical superiority. CMI's strategy involves leveraging its fossil fuel-based business to fund its transition to zero-emission technologies, aiming for a $100 billion market by FY2030. Despite legal disputes and cyclical market challenges, CMI maintains solid fundamentals, high reinvestment efficiency, and a competitive edge, making it a strong investment.

Cummins: Solid Fundamentals And Undervalued

Cummins Inc is a leader in engine and power generation manufacturing, has shown consistent financial performance, growing at a CAGR of 13.6% since the Financial Crisis. Q2'24 results were strong, with revenue and EPS beating estimates, highlighting resilience despite industry headwinds, especially in the trucking sector. I think Cummins is well-positioned for future growth due to emissions regulations and increasing demand for electrification and alternative energy solutions.

Cummins: The Compounder Everyone Seems To Ignore

This is Why Cummins (CMI) is a Great Dividend Stock

Shares of Cummins have rallied in the last three months as the S&P 500 has been flat. The company's revenue climbed to a record in the second quarter, and diluted EPS grew as well. CMI's balance sheet strength remains sufficient to support an A credit rating from S&P.

Cummins: A Blue-Chip Dividend Stock To Buy Now

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Investing in dividend stocks allows you to earn dividend income, the best passive income stream. In August, we (my wife and I) received a dividend income total of $1,415.47. 2023 was up 24%. Eight months down in 2024 and the S&P 500 is still up 14%, despite the recent sell-offs. Unemployment is starting to tick up recently.

Dividend Income Summary: Lanny's August 2024 Summary

Dublin, Aug. 30, 2024 (GLOBE NEWSWIRE) -- The "Diesel Common Rail Injection System - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Diesel Common Rail Injection System was estimated at US$24.4 Billion in 2023 and is projected to reach US$34.1 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The diesel common rail injection system represents a significant advancement in the field of diesel engine technology, known for enhancing engine performance and efficiency while reducing harmful emissions. This system utilizes a common rail that maintains fuel at high pressure, ready to be injected as the engine requires. Technological Innovations Driving Advances in Common Rail Systems The evolution of diesel common rail injection technology has been marked by significant innovations aimed at optimizing engine efficiency and minimizing environmental impact. One of the key advancements is the increase in the pressure at which the fuel can be injected, which now reaches up to 2,500 bar in the latest systems. This high-pressure injection leads to finer atomization of fuel, more complete combustion, and, consequently, greater efficiency and cleaner emissions.

Diesel Common Rail Injection System Global Business Report 2023-2030 Featuring Continental, Cummins, Delphi Technologies, Denso, and Robert Bosch

Sharon Barner's recent share sale doesn't necessarily signal doubt in Cummins' (CMI) future. With solid fundamentals and a focus on long-term growth, we recommend holding CMI stock.

Insider Selling at Cummins (CMI): Time to Exit the Stock?

Cummins Inc. achieves record revenues and solid profitability in Q2 2024 despite a challenging economic environment. Strategic partnerships and expansion into electric mobility position Cummins for long-term growth. Consistent dividend growth and a healthy balance sheet make Cummins a standout choice for dividend investors seeking industrial exposure.

Cummins: Dividend Strength In A Challenging Economy

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Plug Power

Hydrogen energy has become a leading alternative energy source, especially with growing concerns about climate change and rising energy costs. While the developments on efficiently converting hydrogen to energy have been ongoing, we've seen companies continue to push to make this a leading energy alternative to combat carbon footprint and energy costs.

3 Hydrogen Stocks Poised for Explosive Growth by 2025

Revenue hit a record $8.8 billion, up nearly 2% from Q2 2023. Net income rose slightly to $726 million, or $5.26 per share.

Cummins Reports Record Q2 Revenue

Cummins (CMI) raises its full-year 2024 sales forecast on stronger-than-expected demand across several markets, notably in North America's on-highway and power generation sectors.

Cummins (CMI) Q2 Earnings & Sales Top Estimates, Increase Y/Y

Cummins Inc. (NYSE:CMI ) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Chris Clulow - Vice President, Investor Relations Jennifer Rumsey - Chair & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Steven Fisher - UBS Jamie Cook - Truist Securities Steve Volkmann - Jefferies Jerry Revich - Goldman Sachs Angel Castillo - Morgan Stanley David Raso - Evercore ISI Tami Zakaria - JPMorgan Tim Thein - Raymond James Noah Kaye - Oppenheimer Jeff Kauffman - Vertical Research Partners Kyle Menges - Citigroup Operator Greetings and welcome to Cummins, Inc. Second Quarter 2024 Earnings Call. On our call today is Jen Rumsey, Chair and CEO; Mark Smith, Vice President and CFO; and Chris Clulow, Vice President of Investor Relations.

Cummins Inc. (CMI) Q2 2024 Earnings Call Transcript

The headline numbers for Cummins (CMI) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Cummins (CMI) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Cummins (CMI) came out with quarterly earnings of $5.26 per share, beating the Zacks Consensus Estimate of $4.85 per share. This compares to earnings of $5.18 per share a year ago.

Cummins (CMI) Q2 Earnings and Revenues Surpass Estimates

U.S. truck engine maker Cummins Inc on Thursday beat second-quarter estimates and forecast improved revenue margins boosted by demand in the power generation market, sending its shares up 4.6% in early trading.

Cummins raises full-year outlook as demand picks up steam

COLUMBUS, Ind.--(BUSINESS WIRE)--Cummins Inc. (NYSE: CMI) today reported results for the second quarter of 2024. “We achieved record quarterly sales and solid profitability in the second quarter, led by significant improvement in our Power Systems business,” said Jennifer Rumsey, Chair and CEO of Cummins. “As we shared during our Analyst Day in May, our Destination Zero strategy is the right strategy for growing our business and meeting our customers' needs today and in the future. We continue.

News for Cummins Stock (CMI)