08:05 AM EST, 11/05/2024 (MT Newswires) -- Cummins (CMI) reported Q3 net income Tuesday of $5.86 per diluted share, up from $4.59 a year earlier.

Analysts polled by Capital IQ expected $4.84.

Net sales for the quarter ended Sept. 30 was $8.46 billion, up from $8.43 billion a year earlier.

Analysts surveyed by Capital IQ expected $8.31 billion.

For 2024, the automotive systems manufacturer said it is maintaining its full-year revenue guidance of minus 3% to flat. Analysts polled by Capital IQ expect $33.63 billion.

Cummins shares were up about 1% in recent Tuesday premarket activity.

Price: 329.00, Change: +3.38, Percent Change: +1.04