Cummins (CMI) Q4 Earnings Lag Estimates

Cummins (CMI) came out with quarterly earnings of $4.14 per share, missing the Zacks Consensus Estimate of$ 4.41 per share. This compares to earnings of $4.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -6.12%. A quarter ago, it was expected that this engine maker would post earnings of$ 4.63 per share when it actually produced earnings of $4.73, delivering a surprise of 2.16%.Over the last four quarters, the company has s ...