Seeking Alpha

Investors are undaunted by the 7% drop in Q2 earnings at Cummins (CMI +6%) just weeks after the...

Investors are undaunted by the 7% drop in Q2 earnings at Cummins (CMI +6%) just weeks after the cut to its full-year revenue outlook. S&P Capital IQ added $0.25 to CMI's 2012 profit target, saying that, "despite lower revenues, CMI did a good job improving gross margins on price improvement, mix and manufacturing efficiencies," and should see strength "when revenue trends improve."
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs