Here's What Key Metrics Tell Us About Cummins (CMI) Q4 Earnings

For the quarter ended December 2024, Cummins (CMI) reported revenue of $8.45 billion, down 1.1% over the same period last year. EPS came in at $5.16, compared to $4.14 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $8.13 billion, representing a surprise of +3.92%. The company delivered an EPS surprise of +10.26%, with the consensus EPS estimate being $4.68.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.Here is how Cummins performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales- Engine- Light-duty automotive: $301 million compared to the $349.12 million average estimate based on six analysts. The reported number represents a change of -28.8% year over year. Net Sales- Engine- Heavy-duty truck: $980 million versus the six-analyst average estimate of $1 billion. The reported number represents a year-over-year change of -6.8%. Net Sales- Engine- Off-highway: $415 million versus the six-analyst average estimate of $409.38 million. The reported number represents a year-over-year change of +1.2%. Net Sales- Distribution: $3.07 billion versus $2.94 billion estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +13.1% change. Net Sales- Engine- Medium-duty truck and bus: $1.02 billion versus $940.08 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +14.5% change. Net Sales- Components: $2.64 billion versus the six-analyst average estimate of $2.64 billion. The reported number represents a year-over-year change of -17.2%. Net Sales- Engine: $2.72 billion compared to the $2.66 billion average estimate based on six analysts. The reported number represents a change of -2.1% year over year. Net Sales- Intersegment Eliminations: -$1.83 billion compared to the -$1.83 billion average estimate based on six analysts. The reported number represents a change of +10.6% year over year. Net Sales- Accelera: $100 million versus the six-analyst average estimate of $106.78 million. The reported number represents a year-over-year change of +23.5%. Net Sales- Power System: $1.74 billion versus the six-analyst average estimate of $1.59 billion. The reported number represents a year-over-year change of +22%. Net Sales- Components- Emission solutions: $825 million compared to the $877.81 million average estimate based on three analysts. The reported number represents a change of -10.5% year over year. Distribution segment sales by product- Service: $444 million versus $441.64 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.5% change. View all Key Company Metrics for Cummins here>>>Shares of Cummins have returned -2.8% over the past month versus the Zacks S&P 500 composite's +1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Research Chief Names "Single Best Pick to Double"From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.This company targets millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter alone. A recent pullback makes now an ideal time to jump aboard. Of course, all our elite picks aren’t winners but this one could far surpass earlier Zacks’ Stocks Set to Double like Nano-X Imaging which shot up +129.6% in little more than 9 months.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cummins Inc. (CMI): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks