Cummins Beats On EPS, Misses On Income — However Retains Engine Operating Regardless of Uncertainty – Cummins (NYSE:CMI)

Cummins Inc CMI shares traded greater premarket on Tuesday after the corporate reported first-quarter 2025 outcomes.

Gross sales declined 3% yr over yr (Y/Y) to $8.17 billion, lacking the consensus of $8.19 billion.

The Indiana-based firm said that gross sales in North America declined 1% Y/Y and worldwide revenues fell 5% Y/Y within the quarter.

Gross sales by segments:

• Parts $2.7 billion (-20% Y/Y)
• Engine $2.8 billion (-5% Y/Y)
• Distribution $2.9 billion (+15% Y/Y)
• Energy Methods $1.6 billion (+19% Y/Y)
• Accelera $103 million (+11% Y/Y).

CMI reported an working revenue of $1.134 billion (vs. $923 million a yr in the past quarter).

EBITDA got here in at $1.5 billion (17.9% of gross sales) vs. $2.6 billion (30.6%) final yr.

EPS for the quarter stood at $5.96 in comparison with $14.03 a yr in the past, beating the consensus of $4.85.

Cummins’ working money outflow for the quarter totaled $3 million, in comparison with the working money stream of $276 million a yr in the past.

On the finish of March 2025, CMI held money and equivalents of $1.53 billion.

Outlook: Given rising financial uncertainty, the corporate deliberate to not present income or profitability steering for the remainder of 2025.

In the course of the fourth quarter earnings name, Cummins offered 2025 steering of income of down 2% to up 3% and EBITDA of 16.2% and 17.2%.

Jennifer Rumsey, chair and CEO of Cummins added, “Whereas the outlook for the rest of the yr stays unclear, we stay assured in our place and that our Vacation spot Zero technique is the suitable one.”

“Cummins is in a powerful place to navigate via financial uncertainty, and we sit up for reinstating our forecast when situations enable.”

Traders can acquire publicity to the inventory through Honeytree U.S. Fairness ETF BEEZ and EA Sequence Belief TBG Dividend Focus ETF TBG.

Worth Motion: CMI shares are down 2.23% at $293.17 premarket on the final verify Monday.

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