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Noi Mahoney Tuesday, July 30, 2019

Record sales were not enough as Cummins falls short of Wall Street expectations

Indiana-based Cummins Inc. (NYSE: CMI) reported higher revenue and net income, but the power technology company’s second quarter earnings came in below analysts expectations. Cummins posted second quarter earnings of $4.27 per share, up from $3.32 in the second quarter of 2018, but below the $4.41 average estimates from analysts.   The company’s stock is taking […]

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