Cummins withdraws full year guidance

Cummins provides business update and withdraws full year guidance.cummins provides business update and withdraws full year guidance.cummins inc - not announcing any other production suspensions or plant shutdowns at this time.cummins inc - cannot predict if and when further suspensions or shutdowns may arise.cummins inc - possible causes for further shutdowns include changes in customer demand, shortfalls in supplier deliveries.cummins inc - results for q1 will be impacted by changes in customer production plans.cummins - suspended production at midrange engine plant in walesboro, for 2 weeks in response to decision by fiat chrysler automobiles to shutdown pickup truck assembly.cummins inc - significant concern is growing uncertainty about demand for remainder of 2020.cummins inc - has withdrawn its guidance for full year 2020 results, which did not factor in effects of coronavirus pandemic.
CMI Ratings Summary
CMI Quant Ranking