secwatch.observer — SEC 8-K summary
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Issuer:     CUMMINS INC (CMI)
CIK:        0000026172
Form:       8-K
Filed at:   2024-11-05T23:59:59+00:00
Accession:  0000026172-24-000043
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cummins Q3 EPS $5.86; raises FY EBITDA guidance to ~15.5%; dividend up 8.3%
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- Q3 revenue $8.5B flat YoY; GAAP net income $809M; diluted EPS $5.86 vs $4.59 YoY.
- EBITDA $1.4B (16.4% sales) vs 14.6% YoY; full-year EBITDA guidance raised to ~15.5% (top of 15.0%-15.5%).
- Quarterly dividend increased to $1.82/share from $1.68, 15th consecutive annual increase.
- Power Systems sales +17% (data center demand); Distribution +16%; Engine -1%; Accelera EBITDA loss -$115M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26172/000002617224000043/0000026172-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26172/000002617224000043/cmi-20241105.htm
  HTML page:      https://secwatch.observer/filing/0000026172-24-000043

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