Cummins Earnings Estimate

CMI Stock  USD 373.78  4.46  1.21%   
The next projected EPS of Cummins is estimated to be 4.9881 with future projections ranging from a low of 4.24 to a high of 5.49. Cummins' most recent 12-month trailing earnings per share (EPS TTM) is at 28.37. Please be aware that the consensus of earnings estimates for Cummins is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Cummins is projected to generate 4.9881 in earnings per share on the 31st of March 2025. Cummins earnings estimates show analyst consensus about projected Cummins EPS (Earning Per Share). It derives the highest and the lowest estimates based on Cummins' historical volatility. Many public companies, such as Cummins, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Cummins Revenue Breakdown by Earning Segment

By analyzing Cummins' earnings estimates, investors can diagnose different trends across Cummins' analyst sentiment over time as well as compare current estimates against different timeframes. The Cummins' current Gross Profit is estimated to increase to about 8.9 B. The Cummins' current Pretax Profit Margin is estimated to increase to 0.15
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cummins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.

Cummins Earnings Estimation Breakdown

The calculation of Cummins' earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Cummins is estimated to be 4.9881 with the future projection ranging from a low of 4.24 to a high of 5.49. Please be aware that this consensus of annual earnings estimates for Cummins is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
4.54
4.24
Lowest
Expected EPS
4.9881
5.49
Highest

Cummins Earnings Projection Consensus

Suppose the current estimates of Cummins' value are higher than the current market price of the Cummins stock. In this case, investors may conclude that Cummins is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Cummins' stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2025Current EPS (TTM)
2486.5%
4.536
4.9881
28.37

Cummins Earnings History

Earnings estimate consensus by Cummins analysts from Wall Street is used by the market to judge Cummins' stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Cummins' upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Cummins Quarterly Gross Profit

2.03 Billion

As of now, Cummins' Retained Earnings are increasing as compared to previous years. The Cummins' current Earnings Yield is estimated to increase to 0.09, while Retained Earnings Total Equity is projected to decrease to under 11.8 B. The Cummins' current Common Stock Shares Outstanding is estimated to increase to about 169.6 M, while Net Income Applicable To Common Shares is projected to decrease to under 1.3 B.
Hype
Prediction
LowEstimatedHigh
372.40373.79375.18
Details
Intrinsic
Valuation
LowRealHigh
357.05358.44411.16
Details
Naive
Forecast
LowNextHigh
382.06383.45384.85
Details
24 Analysts
Consensus
LowTargetHigh
346.23380.48422.33
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Cummins assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Cummins. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Cummins' stock price in the short term.

Cummins Earnings per Share Projection vs Actual

Actual Earning per Share of Cummins refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Cummins predict the company's earnings will be in the future. The higher the earnings per share of Cummins, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Cummins Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Cummins, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Cummins should always be considered in relation to other companies to make a more educated investment decision.

Cummins Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Cummins' stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2025-02-04
2024-12-314.69254.536-0.1565
2024-11-05
2024-09-304.85.861.0622 
2024-08-01
2024-06-304.815.260.45
2024-05-02
2024-03-315.135.1-0.03
2024-02-06
2023-12-314.483.97-0.5111 
2023-11-02
2023-09-304.684.59-0.09
2023-08-03
2023-06-305.295.05-0.24
2023-05-02
2023-03-314.755.550.816 
2023-02-06
2022-12-314.54.43-0.07
2022-11-03
2022-09-304.852.82-2.0341 
2022-08-02
2022-06-304.354.940.5913 
2022-05-03
2022-03-313.564.040.4813 
2022-02-03
2021-12-313.152.73-0.4213 
2021-11-02
2021-09-303.913.69-0.22
2021-08-03
2021-06-304.054.10.05
2021-05-04
2021-03-313.474.040.5716 
2021-02-04
2020-12-312.83.360.5620 
2020-10-27
2020-09-302.433.571.1446 
2020-07-28
2020-06-300.931.951.02109 
2020-04-28
2020-03-312.173.181.0146 
2020-02-04
2019-12-312.422.560.14
2019-10-29
2019-09-303.833.880.05
2019-07-30
2019-06-304.44.27-0.13
2019-04-30
2019-03-313.573.970.411 
2019-02-06
2018-12-313.813.48-0.33
2018-10-30
2018-09-303.764.050.29
2018-07-31
2018-06-303.633.29-0.34
2018-05-01
2018-03-312.933.30.3712 
2018-02-06
2017-12-312.673.030.3613 
2017-10-31
2017-09-302.462.710.2510 
2017-08-01
2017-06-302.582.53-0.05
2017-05-02
2017-03-311.812.360.5530 
2017-02-09
2016-12-311.992.250.2613 
2016-11-01
2016-09-301.962.020.06
2016-08-02
2016-06-302.162.40.2411 
2016-05-03
2016-03-311.781.870.09
2016-02-04
2015-12-312.112.02-0.09
2015-10-27
2015-09-302.62.14-0.4617 
2015-07-28
2015-06-302.552.620.07
2015-04-28
2015-03-312.142.140.0
2015-02-05
2014-12-312.512.560.05
2014-10-28
2014-09-302.282.320.04
2014-07-28
2014-06-302.382.430.05
2014-04-29
2014-03-311.671.870.211 
2014-02-06
2013-12-311.981.94-0.04
2013-10-29
2013-09-302.111.94-0.17
2013-07-30
2013-06-301.992.20.2110 
2013-04-30
2013-03-311.861.44-0.4222 
2013-02-06
2012-12-311.752.00.2514 
2012-10-31
2012-09-301.831.78-0.05
2012-07-31
2012-06-302.282.450.17
2012-05-01
2012-03-312.222.380.16
2012-02-02
2011-12-312.232.560.3314 
2011-10-25
2011-09-302.252.350.1
2011-07-26
2011-06-302.012.410.419 
2011-04-26
2011-03-311.441.750.3121 
2011-02-01
2010-12-311.721.840.12
2010-10-26
2010-09-301.411.33-0.08
2010-07-27
2010-06-300.911.250.3437 
2010-04-27
2010-03-310.350.750.4114 
2010-02-02
2009-12-310.761.370.6180 
2009-10-30
2009-09-300.370.560.1951 
2009-07-30
2009-06-300.260.30.0415 
2009-04-30
2009-03-310.230.260.0313 
2009-02-03
2008-12-310.420.450.03
2008-10-31
2008-09-301.191.17-0.02
2008-07-30
2008-06-301.231.490.2621 
2008-04-30
2008-03-310.890.970.08
2008-02-01
2007-12-311.051.0-0.05
2007-10-25
2007-09-300.970.92-0.05
2007-07-26
2007-06-300.791.070.2835 
2007-04-27
2007-03-310.430.710.2865 
2007-01-29
2006-12-310.940.940.0
2006-10-31
2006-09-300.920.84-0.08
2006-07-27
2006-06-300.870.960.0910 
2006-04-28
2006-03-310.660.680.02
2006-01-30
2005-12-310.780.76-0.02
2005-10-27
2005-09-300.650.730.0812 
2005-07-22
2005-06-300.60.710.1118 
2005-04-21
2005-03-310.390.490.125 
2005-02-02
2004-12-310.520.60.0815 
2004-10-20
2004-09-300.380.450.0718 
2004-07-23
2004-06-300.330.440.1133 
2004-04-22
2004-03-310.180.190.01
2004-01-27
2003-12-310.240.270.0312 
2003-10-28
2003-09-300.170.15-0.0211 
2003-07-25
2003-06-300.030.090.06200 
2003-04-17
2003-03-31-0.2-0.21-0.01
2003-01-29
2002-12-31-0.03-0.08-0.05166 
2002-10-17
2002-09-300.230.250.02
2002-07-19
2002-06-300.050.080.0360 
2002-04-25
2002-03-31-0.2-0.190.01
2002-01-23
2001-12-310.020.020.0
2001-10-11
2001-09-300.020.020.0
2001-07-12
2001-06-300.010.020.01100 
2001-04-12
2001-03-31-0.17-0.170.0
2001-01-26
2000-12-31-0.1-0.11-0.0110 
2000-10-12
2000-09-300.290.17-0.1241 
2000-07-13
2000-06-300.40.410.01
2000-04-26
2000-03-310.270.270.0
2000-01-28
1999-12-310.390.460.0717 
1999-10-14
1999-09-300.280.340.0621 
1999-07-15
1999-06-300.30.380.0826 
1999-04-15
1999-03-310.160.160.0
1999-01-28
1998-12-310.180.190.01
1998-10-15
1998-09-300.130.130.0
1998-07-16
1998-06-300.340.350.01
1998-04-16
1998-03-310.210.240.0314 
1998-01-29
1997-12-310.410.420.01
1997-10-15
1997-09-300.360.35-0.01
1997-07-16
1997-06-300.310.350.0412 
1997-04-16
1997-03-310.240.270.0312 
1997-01-29
1996-12-310.210.260.0523 
1996-10-15
1996-09-300.150.170.0213 
1996-07-16
1996-06-300.270.24-0.0311 
1996-04-16
1996-03-310.270.30.0311 

About Cummins Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Cummins earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Cummins estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Cummins fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for Next Year
Retained Earnings20.8 B21.9 B
Retained Earnings Total Equity20.7 B11.8 B
Earnings Yield 0.08  0.09 
Price Earnings Ratio 12.29  9.54 
Price Earnings To Growth Ratio 0.03  0.03 

Currently Active Assets on Macroaxis

When determining whether Cummins offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cummins' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cummins Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cummins Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cummins. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
For more detail on how to invest in Cummins Stock please use our How to Invest in Cummins guide.
You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cummins. If investors know Cummins will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cummins listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.277
Dividend Share
7
Earnings Share
28.37
Revenue Per Share
246.758
Quarterly Revenue Growth
(0.01)
The market value of Cummins is measured differently than its book value, which is the value of Cummins that is recorded on the company's balance sheet. Investors also form their own opinion of Cummins' value that differs from its market value or its book value, called intrinsic value, which is Cummins' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cummins' market value can be influenced by many factors that don't directly affect Cummins' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cummins' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cummins is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cummins' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.