COLUMBUS, Ind. (AP) _ Cummins Inc. (CMI) on Tuesday reported first-quarter earnings of $418 million.
The Columbus, Indiana-based company said it had net income of $2.92 per share. Earnings, adjusted for non-recurring costs, were $4.04 per share.
The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $3.55 per share.
The engine maker posted revenue of $6.39 billion in the period, also exceeding Street forecasts. Seven analysts surveyed by Zacks expected $6.03 billion.
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
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