First quarter revenues of $5.6 billion and EBITDA of 12.6 percent of sales
GAAP1 Net Income of $325 million and Diluted EPS of $1.96
Full year revenues expected to increase 10 to 14 percent
EBITDA is expected to be in the range of 15.4 to 15.8 percent of sales
First quarter Diluted EPS negatively impacted by $0.87 reflecting the cost of a product campaign
First quarter Diluted EPS negatively impacted by $0.47 as a result of discrete tax charges
Please Check the Details on the Website:
http://www.gzonechina.com/info/cummins-announces-first-quarter-results-raises-outlook-for-2018-i00105i1.html
https://www.cummins.com/news/releases/2018/05/01/cummins-announces-first-quarter-results-raises-outlook-2018
News From Cummins HomePage: https://www.cummins.com/
