Engine Maker Cummins Withdraws Its Outlook, Citing Uncertainty Over TariffsCummins on Monday withdrew its 2025 outlook, citing uncertainty about the impact of the Trump administration's tariffs.
1. Cummins withdrew its 2025 outlook due to tariff uncertainties. 2. The company surpassed profit and sales expectations in Q1. 3. Q1 earnings per share were $5.96, down from $14.03 last year. 4. Overall revenue fell by 2.7% to $8.17 billion, exceeding projections. 5. Cummins shares have lost about 12% of value year-to-date.