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As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the heavy transportation ...
Engine manufacturer Cummins (NYSE:CMI) reported in Q4 CY2024, but sales fell by 1.1% year on year to $8.45 billion. Its GAAP profit of $3.02 per share was 34.9% below analysts’ consensus estimates.
When we look at Q4’24 in particular, I think the story continues to be on margins and improved profitability. As I pointed out in December, Cummins was poised to benefit from favorable pricing ...
The 14 heavy transportation equipment stocks we track reported a satisfactory Q4. As a group ... truck market using its engines at one point, Cummins (NYSE:CMI) offers engines and power systems.
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Looking at REV Group’s peers in the heavy transportation equipment segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Cummins’s revenues decreased 1.1% ...