09.02.2017 13:34:16
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Cummins Inc. Q4 Income Climbs 6%
(RTTNews) - Cummins Inc. (CMI) released a profit for its fourth quarter that gained ground from last year.
The company said its bottom line came in at $378 million, or $2.25 per share. This was higher than $355 million, or $2.02 per share, in last year's fourth quarter.
The company said revenue for the quarter fell 5.7% to $4.50 billion. This was down from $4.77 billion last year.
Cummins Inc. earnings at a glance:
-Earnings (Q4): $378 Mln. vs. $355 Mln. last year. -Earnings Growth (Y-o-Y): 6.5% -EPS (Q4): $2.25 vs. $2.02 last year. -EPS Growth (Y-o-Y): 11.4% -Revenue (Q4): $4.50 Bln vs. $4.77 Bln last year. -Revenue Change (Y-o-Y): -5.7%
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