
Cummins Defies Expectations: Q4 Earnings Beat Estimates Amid Sales Decline
CMI’s Fourth-Quarter Surprise and Anticipated Revenue Decline In a recent financial announcement, CMI (Computer Manufacturers Inc.) reported better-than-expected earnings for the fourth quarter of 2022. The company’s revenue came in at $3.5 billion, representing a 6% increase compared to the same period the previous year. Earnings per share (EPS) were reported at $1.22, surpassing analysts’…