01.08.2017 13:33:54
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Cummins Inc. Q2 Earnings Rise 4%
(RTTNews) - Cummins Inc. (CMI) released a profit for its second quarter that rose from last year.
The company said its bottom line climbed to $424 million, or $2.53 per share. This was higher than $406 million, or $2.40 per share, in last year's second quarter.
The company said revenue for the quarter rose 12.1% to $5.08 billion. This was up from $4.53 billion last year.
Cummins Inc. earnings at a glance:
-Earnings (Q2): $424 Mln. vs. $406 Mln. last year. -Earnings Growth (Y-o-Y): 4.4% -EPS (Q2): $2.53 vs. $2.40 last year. -EPS Growth (Y-o-Y): 5.4% -Revenue (Q2): $5.08 Bln vs. $4.53 Bln last year. -Revenue Change (Y-o-Y): 12.1%
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