Cummins craters after pulling guidance; analysts warn on demand [Seeking Alpha]
Cummins Inc. (CMI)
Last cummins inc. earnings: 4/28 07:30 am
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Source: Seeking Alpha
On the Move Cummins craters after pulling guidance; analysts warn on demand Mar. 23, 2020 3:56 PM ET | Cummins Inc. (CMI) Carl Surran Cummins ( -11% on Friday Citi analyst Timothy Thein says Cummins' operations are being hurt by a temporary shutdown of pickup truck production, and more significantly to the company, its heavy duty customers are slowing build rates further. Baird's David Leiker notes some commercial vehicle manufacturers have announced plant downtime in North America, including Volvo/Mack and Navistar, but he thinks "the lack of coordinated shutdowns between truck makers is likely to make the operating environment more challenging for Cummins." Bloomberg analyst Christopher Ciolino says the the bigger concern is a collapse in end-market demand, noting further shutdowns may follow with customers cutting production and with potential supplier shortages and government mandates. See all stocks on the move » Now read: Dover To Acquire Em-tec For Medical Flow Measuremen
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CMI
News
- Cummins Inc. Investors: Please contact the Portnoy Law Firm to recover your losses. December 2, 2024 Deadline to file Lead Plaintiff MotionGlobeNewswire
- Kirby McInerney LLP Announces the Filing of a Securities Class Action on Behalf of Cummins Inc. (CMI) InvestorsBusiness Wire
- CMI INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Cummins Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action LawsuitGlobeNewswire
- North America Hydrogen Generation Markets, 2019-2023 & 2024-2029 with Focus on Steam Methane Refining, Partial Oxidation of Oil, Coal Gasification [Yahoo! Finance]Yahoo! Finance
- CMI Shareholders Have Opportunity to Lead Cummins Inc. Class Action Lawsuit - Contact Bronstein, Gewirtz and Grossman, LLC Today!Accesswire
CMI
Earnings
- 11/5/24 - Beat
CMI
Sec Filings
- 11/14/24 - Form SC
- 11/14/24 - Form 4
- 11/13/24 - Form 144
- CMI's page on the SEC website