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BRIEF-Cummins Reports Strong Q4 And FY 2024 Results, Incurs Charges From Accelera Reorganization

ReutersFeb 4, 2025 12:38 PM

- Cummins Inc CMI.N:

  • CUMMINS REPORTS STRONG FOURTH QUARTER AND FULL YEAR 2024 RESULTS, INCURS CHARGES ASSOCIATED WITH REORGANIZATION OF ACCELERA

  • CUMMINS OUTLOOK FY 2025 REVENUE TO BE IN RANGE OF DOWN 2% TO UP 3%, AND EBITDA TO BE IN RANGE OF 16.2% AND 17.2% OF SALES

  • CUMMINS: IN 2025, WE ANTICIPATE THAT DEMAND WILL BE SLIGHTLY WEAKER IN NORTH AMERICA ON-HIGHWAY TRUCK MARKETS

  • CUMMINS: Q4 RESULTS INCLUDE $312 MILLION, OR $2.14 PER DILUTED SHARE, OF ACCELERA STRATEGIC REORGANIZATION ACTIONS

  • FY2025 REVENUE VIEW $34.69 BILLION -- LSEG IBES DATA

Source text: ID:nBwV5pz8a

Further company coverage: CMI.N

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