INDIANAPOLIS, Aug. 29, 2024 /PRNewswire/ -- Allison Transmission, a leader in fully automatic transmissions and electrified propulsion systems, is pleased to announce that Cummins Inc., a global power solutions leader, has chosen Allison's Vehicle Electrification + Environmental Test Center to conduct a series of tests on multiple trucks equipped with Cummins' powertrains. Allison's Vehicle Electrification + Environmental Test Center supports a wide range of vehicle testing, including diesel, gasoline, natu ...

Recent insider activity at Cummins Inc. (CMI) has raised questions among investors about the future direction of the stock. Sharon Barner, the company's vice president and chief administrative officer, recently sold 4,780 shares at an average price of $300.35 per share, as per a SEC filing on Aug 19. Does this signal a concern about the company's prospects and should you reevaluate your position in the stock? Cummins' Performance and Valuation Cummins has had a good run on the bourses, with the stock up 26% ...

r F the II TT TI l 04 ing t i 17,000 # jetcityimage Introduction The American manufacturing industry is not in a great place - neither are the European nor the Chinese. To use the words of Wells Fargo (emphasis added): The ISM Index, a long-trusted bellwether for the manufacturing sector, sunk even deeper into contraction territory in July coming in at 46.8, a reading just spitting distance from its lowest levels of the past three years. Only two components were ahove the 50-line of demarcation between expa ...

Hydrogen energy has become a leading alternative energy source, especially with growing concerns about climate change and rising energy costs. While the developments on efficiently converting hydrogen to energy have been ongoing, we've seen companies continue to push to make this a leading energy alternative to combat carbon footprint and energy costs. As the market evolves, many investors are looking into hydrogen stocks to buy, hoping to capitalize on this emerging technology's potential for substantial g ...

● . ● | --- | --- | |-------|----------------------------------------------| | | | | | China's Rare Earth Supply Chain Control with | August 09, 2024 11:41 AM EDT | Source: Critical Minerals Institute (CMI) Toronto, Ontario--(Newsfile Corp. - August 9, 2024) - The Critical Minerals Institute (CMI) is pleased to announce that Pat Ryan, P.Eng., Chairman & CEO, Ucore Rare Metals Inc. (TSXV: UCU) (OTCQX: UURAF), will be a keynote speaker at the upcoming CMI Summit III. This two-day event, themed "The Politics o ...

Second Quarter 2024 Earnings Teleconference August 1, 2024 CONTENTS Q2 2024 Summary 2024 Guidance Q2 2024 Supplemental Information Appendix 2 Disclosure Regarding Forward-Looking Statements Information provided in this presentation that is not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our forecasts, guidance, preliminary results, expectations, hopes, beliefs and intentions on strategies regardin ...

Cummins Inc. (CMI) reported second-quarter 2024 earnings of $5.26 per share, which increased from $5.18 per share recorded in the corresponding quarter of 2023. The bottom line also surpassed the Zacks Consensus Estimate of $4.85 per share. The outperformance was driven by higher-than-expected revenues from the Engine, Power Systems and Distribution segments. Cummins' revenues totaled $8.8 billion, compared with $8.64 billion recorded in the year-ago quarter. The top line beat the Zacks Consensus Estimate o ...

Cummins Inc. (NYSE:CMI) Q2 2024 Earnings Conference Call August 1, 2024 10:00 AM ET Company Participants Chris Clulow - Vice President, Investor Relations Jennifer Rumsey - Chair & Chief Executive Officer Mark Smith - Chief Financial Officer Conference Call Participants Steven Fisher - UBS Jamie Cook - Truist Securities Steve Volkmann - Jefferies Jerry Revich - Goldman Sachs Angel Castillo - Morgan Stanley David Raso - Evercore ISI Tami Zakaria - JPMorgan Tim Thein - Raymond James Noah Kaye - Oppenheimer Je ...

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 June 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) Telep ...

Cummins (CMI) reported $8.8 billion in revenue for the quarter ended June 2024, representing a year-over-year increase of 1.8%. EPS of $5.26 for the same period compares to $5.18 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $8.28 billion, representing a surprise of +6.19%. The company delivered an EPS surprise of +8.45%, with the consensus EPS estimate being $4.85. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...