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Valued at a market cap of almost $49.4 billion, Cummins Inc. (CMI) designs, manufactures, distributes, and services diesel and natural gas engines, electric and hybrid powertrains, and related components. The Columbus, Indiana-based company is expected to announce its fiscal Q4 earnings results on Tuesday, Feb. 4.
Ahead of this event, analysts project the specialty industrial machinery company to report a profit of $4.71 per share, up 13.8% from $4.14 per share in the year-ago quarter. The company has surpassed Wall Street's earnings estimates in two of the last four quarters while missing on other two occasions. In Q3, CMI’s adjusted EPS of $5.60 outpaced the forecasted figure by a solid margin of 14.5%.