COLUMBUS, Ind. (AP) — COLUMBUS, Ind. (AP) — Cummins Inc. (CMI) on Thursday reported third-quarter earnings of $536 million.
On a per-share basis, the Columbus, Indiana-based company said it had net income of $3.86. Earnings, adjusted for pretax expenses, came to $5.59 per share.
The results topped Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $4.73 per share.
The engine maker posted revenue of $8.32 billion in the period, which also topped Street forecasts. Six analysts surveyed by Zacks expected $8.06 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CMI at https://www.zacks.com/ap/CMI