Cummins stock surges 4.4% after reporting strong Q4 revenue, beating estimates
From StockTwits: 2025-02-04 14:08:25
Cummins Inc (CMI) stock surged 4.4% after reporting fourth-quarter revenue of $8.45 billion, beating analysts’ estimates. Despite a 1.1% sales decline, the company posted a net income of $418 million, compared to a loss last year. The power solutions provider’s power solutions unit sales rose 22% to $1.7 billion, while its distributions segment revenue increased 13% to $3.1 billion. However, component segment sales fell 17% to $2.6 billion. Cummins forecasts full-year 2025 revenue to be down 2% to up 3%, citing weaker North America truck markets. Retail sentiment on Stocktwits remains ‘neutral’ towards CMI stock.
Read more at StockTwits: Cummins Stock Gains After Q4 Revenue Impresses Wall Street: Retail’s On Wait-And-Watch Mode
