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Cummins Inc Lowers FY 2013 Guidance


Tuesday, 29 Oct 2013 07:30am EDT 

Cummins Inc announced that for fiscal 2013, it expects revenues to be down 3% compared to 2012 and EBIT to be in the range of 12.5% to 13% of sales. Previously the Company expected revenues to be flat compared to 2012 and EBIT to be in the range of 13% to 14%. The Company reported revenue of $17.334 billion in fiscal 2012. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenue of $17.37 billion and EBIT of $2.17 billion for fiscal 2013. 

Company Quote

145.11
0.36 +0.25%
29 Aug 2014