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Update: Cummins Q1 Earnings, Sales Drop
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Update: Cummins Q1 Earnings, Sales Drop
May 26, 2025 1:12 AM

09:50 AM EDT, 05/05/2025 (MT Newswires) -- (Updates with not providing outlook in the fifth paragraph, stock move in the last paragraph.)

Cummins (CMI) reported Q1 earnings Monday of $5.96 per diluted share, down from $14.03 a year earlier.

Analysts polled by FactSet expected $4.85.

Net sales for the quarter ended March 31 were $8.17 billion, down from $8.40 billion a year earlier.

Analysts surveyed by FactSet expected $8.18 billion.

Cummins said that it's not providing an outlook for revenue or profitability for the rest of 2025 due to "growing economic uncertainty."

The company's shares were down 0.2% in recent Monday trading.

Price: 298.05, Change: -1.80, Percent Change: -0.60

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