Cummins Beats On EPS, Misses On Income — However Retains Engine Operating Regardless of Uncertainty – Cummins (NYSE:CMI)

Cummins Inc CMI shares traded larger premarket on Tuesday after the corporate reported first-quarter 2025 outcomes.

Gross sales declined 3% 12 months over 12 months (Y/Y) to $8.17 billion, lacking the consensus of $8.19 billion.

The Indiana-based firm said that gross sales in North America declined 1% Y/Y and worldwide revenues fell 5% Y/Y within the quarter.

Gross sales by segments:

• Elements $2.7 billion (-20% Y/Y)
• Engine $2.8 billion (-5% Y/Y)
• Distribution $2.9 billion (+15% Y/Y)
• Energy Programs $1.6 billion (+19% Y/Y)
• Accelera $103 million (+11% Y/Y).

CMI reported an working earnings of $1.134 billion (vs. $923 million a 12 months in the past quarter).

EBITDA got here in at $1.5 billion (17.9% of gross sales) vs. $2.6 billion (30.6%) final 12 months.

EPS for the quarter stood at $5.96 in comparison with $14.03 a 12 months in the past, beating the consensus of $4.85.

Cummins’ working money outflow for the quarter totaled $3 million, in comparison with the working money circulation of $276 million a 12 months in the past.

On the finish of March 2025, CMI held money and equivalents of $1.53 billion.

Outlook: Given rising financial uncertainty, the corporate deliberate to not present income or profitability steerage for the remainder of 2025.

Throughout the fourth quarter earnings name, Cummins supplied 2025 steerage of income of down 2% to up 3% and EBITDA of 16.2% and 17.2%.

Jennifer Rumsey, chair and CEO of Cummins added, “Whereas the outlook for the rest of the 12 months stays unclear, we stay assured in our place and that our Vacation spot Zero technique is the appropriate one.”

“Cummins is in a robust place to navigate via financial uncertainty, and we stay up for reinstating our forecast when situations permit.”

Traders can achieve publicity to the inventory by way of Honeytree U.S. Fairness ETF BEEZ and EA Collection Belief TBG Dividend Focus ETF TBG.

Worth Motion: CMI shares are down 2.23% at $293.17 premarket on the final verify Monday.

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