Cummins Earnings Preview

Published on Wednesday, 01 February 2012 11:04 Written by Danny Miller

New York, February 1st (TradersHuddle.com) - Shares of Cummins Inc. (NYSE:CMI) are trading higher by +1.06% ahead of its quarterly earnings release. Cummins, the engine maker is expected to release its quarterly results on January 2^nd.

Wall Street Analysts consensus calls for a profit of $2.23 a share on $4.71 billion revenue.

Cummins estimates have a range of $0.3 a share. The high estimate calls for profit of $2.4 a share and the low estimate is calling for a profit of $2.1 a share, a year ago for the quarter the company reported $1.84 a share.

Cummins Inc. (NYSE:CMI) designs, manufactures, distributes and services diesel and natural gas engines. The Company also manufactures electric power generation systems and engine-related component products, including filtration and exhaust aftertreatment, fuel systems, controls, and air handling systems. The Cummins, Inc. headquartered in Columbus, Indiana.

Other companies on the watch on this earnings event are BorgWarner, Inc. NYSE:BWA and Briggs & Stratton Corporation NYSE:BGG.