Cummins (CMI) Q3 2018 Results - Earnings Call Transcript

Oct. 30, 2018 5:53 PM ETCummins Inc. (CMI) StockCMI
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Q3: 2018-10-30 Earnings Summary

EPS of $4.05 beats by $0.29
 | Revenue of $5.94B (12.45% Y/Y) misses by $17.37M

Cummins, Inc. (NYSE:CMI) Q3 2018 Earnings Call October 30, 2018 10:00 AM ET

Executives

Mark Andrew Smith - Cummins, Inc.
Norman Thomas Linebarger - Cummins, Inc.
Patrick Joseph Ward - Cummins, Inc.
Richard Joseph Freeland - Cummins, Inc.

Analysts

Jerry Revich - Goldman Sachs & Co. LLC
Jamie L. Cook - Credit Suisse Securities (USA) LLC
Steven Fisher - UBS Securities LLC
Joseph John O'Dea - Vertical Research Partners LLC
Rob Wertheimer - Melius Research LLC
Ross Gilardi - Bank of America Merrill Lynch
Noah Kaye - Oppenheimer & Co., Inc.

Unknown Speaker

MANAGEMENT DISCU9SSION SECTION

Operator

Good day ladies and gentlemen, and welcome to the Q3 2018 Cummins Incorporated Earnings Conference Call. At this time, all participants are in a listen-only mode. Later, we will conduct a question-and-answer session and instructions will follow at that time. As a reminder, today's conference is being recorded.

I would like to introduce your host for today's conference, Mr. Mark Smith, Vice President of Finance. Sir, please go ahead.

Mark Andrew Smith - Cummins, Inc.

Thank you. Good morning, everyone, and welcome to our teleconference today to discuss Cummins' results for the third quarter of 2018.

Joining me today are our Chairman and Chief Executive Officer, Tom Linebarger, our Chief Financial Officer, Pat Ward, and our President and Chief Operating Officer, Rich Freeland, will all be available for your questions after our prepared remarks.

Before we start, please note that some of the information you will hear or be given today will consist of forward-looking statements within the meaning of the Securities Exchange Act of 1934. Such statements express our forecasts expectations, hopes, beliefs and intentions on strategies regarding the future. Our actual future results could differ materially from those projected in such forward-looking statements because of a number of risks and uncertainties.

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