Cummins beats on top and bottom lines; may spin off filtration unit

Engine maker and power distribution company Cummins Inc. reported a widespread recovery in Q2 sales and income across the board as it topped analyst estimates for revenue and income.

“The strength of the order board reflects robust underlying demand in many of our markets which is remarkable considering the challenges and uncertainty we faced during this same period last year,” Chairman and CEO Tom Linebarger said in a press release.

That uncertainty may return in the second half, CFRA analyst...

https://www.freightwaves.com/news/cummins-beats-on-top-and-bottom-lines-may-spin-off-filtration-unit

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