31.10.2017 12:36:36
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Cummins Inc. Q3 Income Climbs 57%
(RTTNews) - Cummins Inc. (CMI) released a profit for its third quarter that climbed compared to the same period last year.
The company said its bottom line rose to $453 million, or $2.71 per share. This was higher than $289 million, or $1.72 per share, in last year's third quarter.
The company said revenue for the quarter rose 26.3% to $5.29 billion. This was up from $4.19 billion last year.
Cummins Inc. earnings at a glance:
-Earnings (Q3): $453 Mln. vs. $289 Mln. last year. -Earnings Growth (Y-o-Y): 56.7% -EPS (Q3): $2.71 vs. $1.72 last year. -EPS Growth (Y-o-Y): 57.6% -Revenue (Q3): $5.29 Bln vs. $4.19 Bln last year. -Revenue Change (Y-o-Y): 26.3%
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