Investing.com - Cummins reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cummins announced earnings per share of $3.36 on revenue of $5.83B. Analysts polled by Investing.com anticipated EPS of $2.8 on revenue of $5.18B.
Cummins shares are down 0% from the beginning of the year and are trading at $231.99 , down-from-52-week-high.They are under-performing the S&P 500 which is up 1.97% from the start of the year.
Cummins shares lost 1.51% in pre-market trade the report.
Cummins follows other major Capital Goods sector earnings this month
Cummins's report follows an earnings beat by ASML ADR on January 20, who reported EPS of $3.91 on revenue of $5.15B, compared to forecasts EPS of $2.97 on revenue of $4.49B.
Honeywell had beat expectations on January 29 with fourth quarter EPS of $2.07 on revenue of $8.9B, compared to forecast for EPS of $2 on revenue of $8.4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar