Cummins Q2 record revenue $9.5B, EPS $6.73; raises FY revenue guidance to up 10-13%

CUMMINS INC

Q2 revenue $9.5B (+9% YoY); GAAP net income $932M; diluted EPS $6.73 (vs $6.43 YoY).
EBITDA $1.7B (17.5% of sales); FY EBITDA guidance raised to 18.0-18.5% from 17.75-18.5%.
FY revenue guidance raised to up 10-13% from prior up 8-11%; expects stronger H2.
Quarterly dividend increased to $2.20/share from $2.00; 17th consecutive annual increase.
Power Systems sales $2.3B (+19%) on data center demand; Accelera revenue $145M (+38%) but EBITDA loss $69M.

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