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Cummins Management Discusses Q3 2012 Results - Earnings Call TranscriptWed, Oct 31, 2012
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Cummins Management Discusses Q2 2012 Results - Earnings Call TranscriptTue, Jul 31, 2012 • 1 Comment
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Cummins' CEO Discusses Q1 2012 Results - Earnings Call TranscriptTue, May 1, 2012
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Cummins' CEO Discusses Q4 2011 Results - Earnings Call TranscriptThu, Feb 2, 2012
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Cummins' CEO Discusses Q3 2011 Results - Earnings Call TranscriptTue, Oct 25, 2011
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Cummins' CEO Discusses Q2 2011 Results - Earnings Call TranscriptTue, Jul 26, 2011
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Cummins' CEO Discusses Q1 2011 Results - Earnings Call TranscriptThu, Apr 28, 2011
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Cummins CEO Discusses Q4 2010 Results - Earnings Call TranscriptWed, Feb 2, 2011
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Cummins CEO Discusses Q3 2010 Results - Earnings Call TranscriptTue, Oct 26, 2010
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Cummins Q2 2010 Earnings Call TranscriptTue, Jul 27, 2010
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Cummins Inc. Q1 2010 Earnings Call TranscriptTue, Apr 27, 2010
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Cummins Inc. Q4 2009 Earnings Call TranscriptTue, Feb 2, 2010
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Cummins Inc. Q3 2009 Earnings Call TranscriptFri, Oct 30, 2009
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Cummins, Inc. Q2 2009 Earnings Call TranscriptThu, Jul 30, 2009
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Cummins Q1 2009 Earnings Call TranscriptFri, May 1, 2009 • 1 Comment
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Cummins Q4 2008 Earnings Call TranscriptTue, Feb 3, 2009
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Cummins Inc. Q3 2008 Earnings Conference Call TranscriptFri, Oct 31, 2008
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Cummins, Inc. Q2 2008 Earnings CallWed, Jul 30, 2008
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at CNBC.com (Tue, 5:36PM)
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at Fox Business (Jun 11, 2013)
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at CNBC.com (May 21, 2013)
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Marketwire (May 17, 2013)
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Marketwire (May 14, 2013)
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at CNBC.com (Apr 30, 2013)
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at MarketWatch.com (Apr 30, 2013)
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at CNBC.com (Apr 30, 2013)
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at CNBC.com (Apr 30, 2013)
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at CNBC.com (Apr 30, 2013)
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Business Wire (Apr 30, 2013)
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at CNBC.com (Apr 29, 2013)
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at CNBC.com (Apr 26, 2013)
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Marketwire (Apr 26, 2013)
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at CNBC.com (Apr 25, 2013)
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at CNBC.com (Apr 24, 2013)
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Marketwire (Apr 19, 2013)
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at CNBC.com (Apr 18, 2013)
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Marketwire (Apr 15, 2013)
CMI vs. ETF Alternatives
Company Description
Cummins Inc. was founded in 1919 as a corporation in Columbus, Indiana, as one of the first diesel engine manufacturers. We are a global power leader that designs, manufactures, distributes and services diesel and natural gas engines, electric power generation systems and engine-related... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, June 12, 12:50 PM Caterpillar's (CAT -0.3%) news that it will be raising its quarterly dividend by 15.4% failed to impress shareholders today, ticking lower since the open. The weakness is surprising given the fact that the hike was above last year's 13% increase and the 4.5% bump the year prior. It also moves the dividend yield to an impressive 2.9%, which is above those of its competitors Deere (DE -0.9%) at 2.4%, Cummins (CMI -0.8%) at 1.7% and Joy Global (JOY +0.2%) at 1.3%. 1 Comment [Consumer, Global & FX]
- Wednesday, May 15, 7:27 AM Cummins Inc. (CMI) declares $0.50/share quarterly dividend, in line with previous. Forward yield 1.74%. For shareholders of record May 24. Payable June 3. Ex-div date May 22. (PR) Comment! [Dividends]
- Tuesday, April 30, 11:54 AM More on Cummins' (CMI -5.5%) Q1: Revenues fall 12% Y/Y as "weakness in mining, oil and gas, and power generation" triggers an 18% Y/Y decline in total unit volumes in the engine business. CEO Tom Linebarger calls the weak demand "expected" and says "improving order trends in on-highway and construction markets in North America" should drive revenue improvement in the coming quarters. The company says FY13 revenues will be "flat to down 5%" while EBIT should come in at 13-14% of total sales, but happily notes that Q1 "will mark the low point of the year" for revenues. (PR) Comment! [Earnings]
- Tuesday, April 30, 7:31 AM Cummins (CMI): Q1 EPS of $1.49 misses by $0.37. Revenue of $3.9B (-12% Y/Y) misses by $0.07B. (PR) Comment! [Earnings, Breaking News]
- Tuesday, April 30, 12:05 AM Notable earnings before Tuesday’s open: ABFS, AET, AGCO, AMED, ARCO, AVP, BEN, BP, CIE, CMI, CNH, COCO, CRIS, CYNO, DBD, DDD, DPZ, ECL, EPD, ESV, EXAS, FCH, FIS, FLWS, GAS, GOV, HCLP, HCP, HEP, HNR, HOT, HRS, HUN, HW, IVZ, KLIC, LM, MCGC, MHP, MLM, MNTA, MPC, MPLX, MSO, MTG, MTOR, MWV, NEE, NI, NYX, ODP, OSK, PBI, PEG, PES, PFE, ROC, SAVE, SIRI, TFX, THC, TRI, TRW, UBS, UDR, VLO, VSH, WEC, X, XYL, ZTS Comment! [Earnings]
- Monday, April 29, 5:30 PM Notable earnings before Tuesday’s open: ABFS, AET, AGCO, AMED, ARCO, AVP, BEN, BP, CIE, CMI, CNH, COCO, CRIS, CYNO, DBD, DDD, DPZ, ECL, EPD, ESV, EXAS, FCH, FIS, FLWS, GAS, GOV, HCLP, HCP, HEP, HNR, HOT, HRS, HUN, HW, IVZ, KLIC, LM, MCGC, MHP, MLM, MNTA, MPC, MPLX, MSO, MTG, MTOR, MWV, NEE, NI, NYX, ODP, OSK, PBI, PEG, PES, PFE, ROC, SAVE, SIRI, TFX, THC, TRI, TRW, UBS, UDR, VLO, VSH, WEC, X, XYL, ZTS 1 Comment [Earnings]
- Wednesday, April 24, 11:21 AM Cummins (CMI +2.3%) CEO Norm Linebarger is scheduled to appear tonight on Jim Cramer's CNBC show to discuss the national move to use more natural gas in transportation vehicles. UPS plans to increase the number of natural gas trucks in its fleet to 800 by the end of 2014, from 112 now, using engines developed by Cummins and Westport Innovations (WPRT +0.8%). 3 Comments [Energy, On the Move]
- Thursday, March 21, 3:58 PM Fuel Systems Solutions (FSYS +8.4%) shares are soaring today amid heavy volume on no apparent news, while other natural gas vehicle plays all trade lower: WPRT -3.4%, CLNE -2.1%, NAV -2.8%, CMI -1.9%. 6 Comments [Energy, On the Move]
- Thursday, February 28, 9:07 AM A screen searching for stocks Warren Buffett (BRK.B) may be interested in turned up 28 names, but only one - ADM - is a current Berkshire holding. Most likely to catch the Oracle's eye from the rest of the list, writes Jack Hough in Barron's, is Sysco (SYY), Cummins (CMI), and Illinois Tool Works (ITW). 3 Comments [Quick Ideas]
- Monday, February 25, 2:06 PM Cummins (CMI +0.5%) bucks a weak tape after Goldman Sachs ups the shares to Conviction Buy with a price target of $144. The price target represents a 30% upside from current levels, as Goldman says it's expecting a strong new product cycle in machinery, with contract awards in the coming months that could exceed $1B. The firm adds that CMI's core global truck markets are also in the early stages of recovery as production rises off trough 1Q levels. Comment! [On the Move]
- Friday, February 15, 3:48 PM This morning's spike in shares of Westport Innovations (WPRT +7.6%) on takeover speculation gains momentum into the close. Chatter centers around potential interest from Cummins (CMI +0.3%), already involved in a JV that accounts for much of WPRT's medium-term profits. 17 Comments [Energy, M&A, On the Move]
- Tuesday, February 12, 6:08 PM Citigroup is out with another report anticipating U.S. energy independence by 2020, a time when "the bottom of today’s trading range ($90-$120/bbl) is going to be the top of the likely trading range" for crude oil. Among companies Citi mentions as big players and potential beneficiaries: CMI, NUE, ECA, CAT, DE, GE, MMM and SI. 2 Comments [Energy, Quick Ideas]
- Tuesday, February 12, 5:47 PM Cummins Inc. (CMI) declares $0.50/share quarterly dividend, in line with previous. Forward yield 1.68%. For shareholders of record Feb. 22. Payable Mar. 01. Ex-div date Feb. 20. (PR) Comment! [Dividends]
- Wednesday, February 6, 10:13 PM A dour management team on the Cummins (CMI +2.6%) earnings call today wasn't enough to shake the bulls. Full year North American revenue growth of 9% sounds good, but the CEO was quick to point out +40% Y/Y in Q1 was followed by -8% Y/Y in Q3 and Q4. In China, inventory levels are so high, even a big spring selling season may not be enough to clear them. Mining? "The weakest of any major end market we serve ... revenues could decline by as much as 25% for the full year." 5 Comments [U.S. Economy, Global & FX]
- Wednesday, February 6, 7:41 AM More on Cummins (CMI) Q4 earnings: Revenue falls 13% Y/Y driven by weak demand pretty much everywhere. The company has trimmed costs, "however there is uncertainty surrounding the timing and pace of improvement in end markets in 2013." 2013 guidance is for revenues to be flat-to-down 5%, with EBIT of 13-14% of sales (was 13.8% in Q4). Shares +1.4% premarket. (PR) Comment! [Earnings]
- Wednesday, February 6, 7:32 AM Cummins (CMI): Q4 EPS of $2.02. Revenue of $4.3B beats by $0.26B. (PR) Comment! [Earnings, Breaking News]
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Ocean Man
Sold $CMI for a gain of a buck a share in 3 hours. $110.31 ---> $111.35. http://seekingalpha.com/s/dy58v - View all 0 replies
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Philip Saglimbeni
Goldman Sachs upgrades Cummins $CMI to conviction buy, price target $144, citing upside in truck market http://seekingalpha.com/a/prw7 - View all 4 replies
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Philip Saglimbeni: I like a lot about the company, just did not like the growth prospects last I checked
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Philip Saglimbeni
Cummins, a great growth stock int he past may be getting back on track in 2014. $CMI, $CAT, $PCAR: http://seekingalpha.com/a/prw7 - View all 2 replies
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GOJMPNLK: enjoyable article Philip, I've owner CMI for 10 years and have done well, I agree with the challenges you mention but plan to stick with it
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Philip Saglimbeni: congrats on the very profitable investment, I think long-term (years out) $CMI will do well
LATEST REPLIES
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Philip Saglimbeni
Goldman Sachs upgrades Cummins $CMI to conviction buy, price target $144, citing upside in truck market http://seekingalpha.com/a/prw7 - View all 4 replies
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Philip Saglimbeni: I like a lot about the company, just did not like the growth prospects last I checked
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Philip Saglimbeni
Cummins, a great growth stock int he past may be getting back on track in 2014. $CMI, $CAT, $PCAR: http://seekingalpha.com/a/prw7 - View all 2 replies
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GOJMPNLK: enjoyable article Philip, I've owner CMI for 10 years and have done well, I agree with the challenges you mention but plan to stick with it
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Philip Saglimbeni: congrats on the very profitable investment, I think long-term (years out) $CMI will do well
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Brodidliy1
Industrials like CAT and CMI are way down from their highs, think its time to get back into them? - View all 1 replies
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Youngone91: Pcar is also a long term fuel efficiency play for me. aging commercial vehicle fleet. will need to be replaced and with gas prices high ...
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David White
With PG cutting forecasts for this year, earnings are not going well. NKE & CMI are other recent disappointments. - View all 1 replies
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Day Trader001: All NKE did was improve you an entry / extension point, since reporting. This is continuing to be a great trade/buy...$$
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Maria Auziliadora
wow CMI Rachesky and Icahn has 18.8 % could be merger with NAV small position in it - View all 1 replies
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