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Here's What Key Metrics Tell Us About Cummins (CMI) Q2 Earnings

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Cummins (CMI - Free Report) reported $9.46 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 9.4%. EPS of $6.94 for the same period compares to $6.43 a year ago.

The reported revenue represents a surprise of +1.38% over the Zacks Consensus Estimate of $9.33 billion. With the consensus EPS estimate being $7.33, the EPS surprise was -5.32%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Cummins performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Unit shipments - Engine - Light-duty: 45,000 compared to the 44,835 average estimate based on two analysts.
  • Unit shipments - Engine - Heavy-duty: 30,100 versus the two-analyst average estimate of 29,567.
  • Unit shipments - Engine - Medium-duty: 86,100 versus 82,145 estimated by two analysts on average.
  • Unit shipments - Engine - Total: 161,200 versus the two-analyst average estimate of 156,547.
  • Net Sales- Engine- Light-duty automotive: $491 million versus $531.43 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1% change.
  • Net Sales- Engine- Heavy-duty truck: $968 million versus $990.73 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -0.8% change.
  • Net Sales- Engine- Medium-duty truck and bus: $1.03 billion versus $969.65 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8.4% change.
  • Net Sales- Distribution: $3.33 billion versus $3.35 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +9.4% change.
  • Net Sales- Accelera: $145 million compared to the $69.52 million average estimate based on four analysts. The reported number represents a change of +38.1% year over year.
  • Net Sales- Components: $2.89 billion versus the four-analyst average estimate of $2.79 billion. The reported number represents a year-over-year change of +6.9%.
  • Net Sales- Engine: $3.08 billion versus the four-analyst average estimate of $3.08 billion. The reported number represents a year-over-year change of +6.4%.
  • Net Sales- Intersegment Eliminations: $-2.24 billion versus $-2.12 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +12.4% change.

View all Key Company Metrics for Cummins here>>>

Shares of Cummins have returned -4.3% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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