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Cummins Inc.

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Cummins’ earnings per share increased year over year in the first quarter of 2015, but missed the Zacks Consensus Estimate. Revenues rose year over year and surpassed the Zacks Consensus Estimate, driven by higher demand in on-highway markets and distributor acquisitions in North America. Cummins expects to record higher revenues and EBIT in 2015.  The company will gain from increased use of its engines by a number of OEMs, share buybacks, innovative products and benefits from acquisitions in North America. However, weakness in the operating markets is considerably affecting the results of Cummins. Revenues from the Power Generation market are expected to decrease in 2015.  In addition, Cummins operates in a highly competitive environment.

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