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Cummins Inc. Earnings Rise In Q4

Cummins Inc. (CMI) revealed a profit for its fourth quarter that rose from last year.

The company said its bottom line rose to $503 million, or $3.03 per share. This was higher than $378 million, or $2.25 per share, in last year's fourth quarter.

Analysts had expected the company to earn $2.67 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 21.8% to $5.48 billion. This was up from $4.50 billion last year.

Cummins Inc. earnings at a glance:

-Earnings (Q4): $503 Mln. vs. $378 Mln. last year.
-Earnings Growth (Y-o-Y): 33.1%
-EPS (Q4): $3.03 vs. $2.25 last year.
-EPS Growth (Y-o-Y): 34.7%
-Analysts Estimate: $2.67
-Revenue (Q4): $5.48 Bln vs. $4.50 Bln last year.
-Revenue Change (Y-o-Y): 21.8%

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