Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

For those looking to find strong Auto-Tires-Trucks stocks, it is prudent to search for companies in the group that are outperforming their peers. Cummins (CMI) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Cummins is a member of our Auto-Tires-Trucks group, which includes 102 different companies and currently sits at #13 in the Zacks Sector ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium also includes the Zacks Style Scores. What are ...

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.Zacks Premium includes access to the Zacks Style Scores a ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Nov. 14, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Cummins Inc. ("Cummins" or the "Company") (NYSE: CMI) investors of a class action representing investors that bought securities between April 30, 2019 to December 21, 2023, inclusive (the "Class Period"). Cummins investors have until December 2, 2024 to file a lead plaintiff motion. Investors are encouraged to contact attorney Lesley F. Portnoy ...

Price action in the stock market is usually one of the best signs of what’s about to come, and all price action is driven by volume. With these two fundamental factors at play, investors can safely assume that a lot of attention was headed to those in the industrial and manufacturing sectors after the United States presidential election results. Investors can directly point to the Industrial Select Sector SPDR Fund NYSEARCA: XLI and its 6.2% rally over the past week for confirmation. These are supposed to b ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended September 30, 2024 Commission File Number 1-4949 CUMMINS INC. (Exact name of registrant as specified in its charter) Indiana 35-0257090 (State of Incorporation) (IRS Employer Identification No.) 500 Jackson Street Box 3005 Columbus, Indiana 47202-3005 (Address of principal executive offices) ...

财务数据和关键指标变化 - 第三季度销售额为85亿美元，与2023年第三季度持平，主要受全球发电市场需求强劲和价格改善的推动，但受到北美重型卡车销量下降和Atmus分离销售减少的影响 [15][35] - EBITDA为14亿美元，占销售额的16.4%，相比去年同期的12亿美元和14.6%有所改善，主要得益于发电量增加、定价改善和运营效率提升 [16][36] - 净收益为8.09亿美元，每股收益为5.86美元，较2023年的6.56亿美元和每股4.59美元有所增长 [40] 各条业务线数据和关键指标变化 - 组件部门收入为27亿美元，同比下降16%，EBITDA从13.6%降至12.9% [43] - 发动机部门第三季度收入为29亿美元，同比下降1%，EBITDA从13.5%上升至14.7% [46] - 分销部门收入同比增长16%，达到30亿美元，EBITDA占销售额的12.5% [48] - 电力系统部门收入为17亿美元，同比增长17%，EBITDA从16.2%上升至19.4% [50] 各个市场数据和关键指标变化 - 北美市场收入下降1%，至52亿美元，主要受重型卡车市场疲软和轻型卡车销量下降的影响 [17] - 中国市场收入为15亿美元，同比下降4%，主要由于国内卡车和建筑市场疲软 [20] - 印度市场收入为6.41亿美元，同比下降12%，但发电收入增长49% [23] 公司战略和发展方向和行业竞争 - 公司在第三季度启动了X15N天然气发动机的全面生产，旨在减少碳足迹，支持其“零目标”战略 [8][9] - 公司计划在2026年推出符合2027年排放标准的柴油发动机，继续在市场中保持竞争力 [117] - 公司在电解槽制造方面的投资将推动零排放技术的发展，预计未来将增加150个高技能工作岗位 [12] 管理层对经营环境和未来前景的评论 - 管理层预计2024年收入将下降3%至持平，EBITDA预期提高至约15.5% [24][54] - 管理层对北美重型卡车市场的前景持谨慎态度，预计将继续疲软 [25] - 管理层对电力系统和分销部门的强劲表现表示乐观，认为将推动整体盈利能力 [56] 其他重要信息 - 公司在第三季度向股东返还了2.5亿美元的股息，符合其长期计划 [32] - 公司在应对飓风影响方面表现出色，尽管对财务结果有轻微影响，但员工的努力帮助公司减少了干扰 [13][44] 问答环节所有提问和回答 问题: 对于第四季度的指导是否过于保守 - 管理层指出，第四季度的指导受到重型卡车市场进一步疲软、产品更换和工作日减少的影响 [61][62] 问题: 电力发电市场的动能如何 - 管理层表示，电力发电市场的需求依然强劲，预计将继续推动收入增长 [64][75] 问题: 关于加州低氮氧化物法规的影响 - 管理层认为，尽管有些州推迟了法规的执行，但整体市场需求仍然强劲，预计2025年会有预购现象 [70][72] 问题: 自然气发动机的市场份额预期 - 管理层预计，未来6到12个月内，天然气产品的市场份额可能达到8% [89] 问题: 关于2027年合规发动机的推出时间 - 管理层计划在2026年推出符合2027年排放标准的柴油发动机，以满足市场需求 [117][118]

Cummins Inc. (CMI) reported third-quarter 2024 earnings of $5.60 per share, which increased from $4.73 recorded in the corresponding quarter of 2023. The bottom line also surpassed the Zacks Consensus Estimate of $4.89 per share. The outperformance was driven by higher-than-expected revenues from the Power Systems and Distribution segments. Cummins’ revenues totaled $8.46 billion, up from $8.43 billion recorded in the year-ago quarter. The top line beat the Zacks Consensus Estimate of $8.28 billion.Stay up- ...

For the quarter ended September 2024, Cummins (CMI) reported revenue of $8.46 billion, up 0.3% over the same period last year. EPS came in at $5.60, compared to $4.73 in the year-ago quarter.The reported revenue represents a surprise of +2.18% over the Zacks Consensus Estimate of $8.28 billion. With the consensus EPS estimate being $4.89, the EPS surprise was +14.52%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...