Cummins' Q4 Results Reflect International Weakness, Forecasts Modest Growth In 2025

Cummins Inc (NYSE:CMI) shares are trading higher premarket on Tuesday after the company reported fourth-quarter 2024 results.

Sales declined 1% year over year (Y/Y) to $8.45 billion, beating the consensus of $8.07 billion.

The Indiana-based company stated that sales in North America remained flat Y/Y and international revenues declined 3% Y/Y in the quarter.

Sales by segments:

• Components $2.6 billion (-17% Y/Y)
• Engine $2.7 billion (-2% Y/Y)
• Distribution $3.1 billion (+13% Y/Y)
• Power Systems $1.7 billion (+22% Y/Y)
• Accelera $100 million (+23% Y/Y).

EPS for the quarter stood at $3.02 compared to $4.59 a year ago, missing the consensus loss of $(10.01).

CMI reported an operating income of $732 million (vs. $1.2 billion a year ago quarter).

Cummins’ operating cash for the quarter totaled $1.4 billion, compared ...

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