Cummins reports q1 earnings per share of $3.41

Cummins reports first quarter 2020 results.q1 earnings per share $3.41.q1 revenue $5.0 billion versus refinitiv ibes estimate of $4.88 billion.q1 earnings per share estimate $2.17 -- refinitiv ibes data.due to uncertainty related to coronavirus pandemic, is not providing revenue or profitability guidance for 2020.cummins - does expect significant impact to q2 results due to disruptions across customer and supplier operations and lower end market demand.planning for weak demand levels to persist for some time.lowering 2020 targeted capital expenditures by more than 25 percent as compared to 2019.
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