BUZZ-Cummins rises after Q4 results beat

Shares of U.S. truck engine maker Cummins CMI.N up 3.67% to $361 premarket

CMI on Tuesday reported Q4 revenue and profit above Wall Street estimates on strong demand for its power generation products

CMI reports Q4 net income of $418 mln, or $3.02/shr, which included $312 mln in charges from the reorganization of its new power unit, Accelera

Excluding charges, CMI earned $5.14/shr, above analysts' estimates of $4.68/shr, according to data compiled by LSEG

Q4 net sales of $8.45 bln, beat estimates of $8.07 bln

8 of 24 brokerages rate CMI "buy" or higher and 16 "hold"; their median PT is $406.60 - LSEG data

In 2024, CMI was up 45.51%