Shares of Cummins Inc. tacked on 0.4% in premarket trading Monday, after the engines and powertrains maker reported fourth-quarter sales that rose above...
Shares of Cummins Inc. CMI tacked on 0.4% in premarket trading Monday, after the engines and powertrains maker reported fourth-quarter sales that rose above expectations and provided an upbeat outlook. Net income jumped to $631 million, or $4.43 a share, from $394 million, or $2.73 a share, in the year-ago period. Excluding the Meritor business, which was acquired in August 2022, earnings per share came to $4.52.
4% in premarket trading Monday, after the engines and powertrains maker reported fourth-quarter sales that rose above expectations and provided an upbeat outlook. Net income jumped to $631 million, or $4.43 a share, from $394 million, or $2.73 a share, in the year-ago period. Excluding the Meritor business, which was acquired in August 2022, earnings per share came to $4.52. The results also included 11 cents per share in costs related to the separation of the filtration business.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Chandler-based Microchip Technology Inc. reports record sales growth in third fiscal quarter - Phoenix Business JournalMicrochip attributes its semiconductor market resilience to solid demand from industrial, automotive, aerospace, data center and communications industries, which make up 86% of the company’s net sales.
Baca lebih lajut »
FDA grants Priority Review to depression drug; Sage’s stock ralliesShares of Sage Therapeutics Inc. gained about 5% in premarket trading on Monday after the company said the experimental treatment for major depressive...
Baca lebih lajut »
Central Texas Food Bank to hold special food distribution MondayCentral Texas Food Bank is holding its third special food distribution in as many days on Monday at the Delco Activity Center.
Baca lebih lajut »
Cold Sunday Night; Warmer, Mainly Sunny Monday - Alabama NewsSaturday night still turns cold, with lows in the mid and upper 30s to low 40s. Monday looks mainly sunny and warm with highs near 70°.
Baca lebih lajut »