secwatch.observer — SEC 8-K summary
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Issuer:     CUMMINS INC (CMI)
CIK:        0000026172
Form:       8-K
Filed at:   2022-08-02T23:59:59+00:00
Accession:  0000026172-22-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cummins Q2 revenue $6.6B (+8% YoY); EPS $4.94; maintains FY2022 guidance
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- Record revenue of $6.6B (+8% YoY); diluted EPS $4.94 vs $4.10 in Q2 2021.
- EBITDA $1.1B (16.0% of sales); includes $29M Filtration separation costs, $47M Russia reserve benefit.
- Full-year guidance maintained: revenue up 8%, EBITDA ~15.5%; ~50% of operating cash flow to shareholders.
- Jennifer Rumsey became CEO effective Aug 1, 2022; Tom Linebarger becomes Executive Chairman.
- Completed Jacobs Vehicle Systems acquisition; Meritor shareholders approved deal pending closure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26172/000002617222000039/0000026172-22-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26172/000002617222000039/cmi-20220802.htm
  HTML page:      https://secwatch.observer/filing/0000026172-22-000039

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