Cummins misses by $0.05, beats on revs; guides FY08 revs in-line (CMI) 48.35 : Reports Q4 (Dec) earnings of $1.00 per share, $0.05 worse than the First Call consensus of $1.05; revenues rose 15.4% year/year to $3.5 bln vs the $3.46 bln consensus.
Sales are forecast to increase 12% from 2007 levels (which calculates to roughly $14.61 mln vs. $14.63 bln consensus), and the co expects to generate EBIT of 10% of sales in 2008.
The stock is down $3 premarket to $45.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment