Investing.com - Cummins (NYSE:CMI) reported on Tuesday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Cummins announced earnings per share of $4.1 on revenue of $6.11B. Analysts polled by Investing.com anticipated EPS of $4.07 on revenue of $6.04B.
Cummins shares are down 0% from the beginning of the year and are trading at $231.00 , down-from-52-week-high.They are under-performing the S&P 500 which is up 16.8% from the start of the year.
Cummins shares gained 0.85% in pre-market trade the report.
Cummins follows other major Industrials sector earnings this month
Cummins's report follows an earnings beat by United Parcel Service on Tuesday, July 27, 2021, who reported EPS of $3.06 on revenue of $23.42B, compared to forecasts EPS of $2.81 on revenue of $23.19B.
Honeywell had beat expectations on Friday, July 23, 2021 with second quarter EPS of $2.02 on revenue of $8.81B, compared to forecast for EPS of $1.94 on revenue of $8.64B.
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