Cummins reported a decent result and showed a 16.6% growth in quarterly revenues on a year-on-year basis which was largely driven by a strong consumption of engines. Its core Engine segment saw a staggering 22% jump in revenues driven by a combination of North American truck demand as well as off-highway revenues resulting from construction demand in North America, Asia-Pacific, and Europe. Its new new 15-liter natural gas engine for heavy-duty trucks for customers looking to reduce greenhouse g ....
09 Nov 2021
Cummins Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 11/09
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Cummins Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation 11/09
- Published:
09 Nov 2021 -
Author:
Ishan Majumdar -
Pages:
14
Cummins reported a decent result and showed a 16.6% growth in quarterly revenues on a year-on-year basis which was largely driven by a strong consumption of engines. Its core Engine segment saw a staggering 22% jump in revenues driven by a combination of North American truck demand as well as off-highway revenues resulting from construction demand in North America, Asia-Pacific, and Europe. Its new new 15-liter natural gas engine for heavy-duty trucks for customers looking to reduce greenhouse g ....