Cummins Inc. (CMI) is expected to report quarterly earnings of $3.57 a share on sales of $5.8 billion before the market opens Tuesday, April 30, based on a FactSet survey of 24 analysts.
In the same period a year ago, the company posted earnings of $2.43 a share on sales of $5.6 billion.
The stock has risen 9.4% since the company last reported earnings on Feb. 6.
Quarterly estimates have risen 3.1 cents a share in the past month.
Cummins is currently trading at a price-to-forward-earnings ratio of 10.7 based on the 12-month estimates of 26 analysts surveyed by FactSet.
Cummins Inc. is being watched by the Trifecta Stocks team. To find out more about how you can profit from Chris Versace and Bob Long's insights at Trifecta Stocks, click here.
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