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Cummins Sees FY24 Revenue Guidance To Be Down 3% To Flat

Author: Benzinga Newsdesk | August 01, 2024 07:32am

Based on its current forecast, Cummins is raising its full-year 2024 revenue guidance to be down 3% to flat, due to stronger than expected demand across several markets, especially in North America on-highway and power generation. EBITDA is expected to be in the range of 15.0% to 15.5%, raising the midpoint and narrowing the range of the previous guidance of 14.5% to 15.5%.


 

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