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Cummins: Q1 Earnings Snapshot
Cummins Inc. (CMI) reported strong first-quarter results, with profits of $654 million and adjusted earnings of $6.15 per share, surpassing Wall Street’s expectation of $5.60 per share. The engine maker also exceeded revenue forecasts, posting $8.4 billion compared to an anticipated $8.32 billion. These positive financial outcomes highlight the company’s solid performance in the first quarter.