Cummins beats quarterly estimates on strong power generation demand

U.S. truck engine maker Cummins on Thursday reported third-quarter results above Wall Street estimates, driven by strong demand for its power generation systems and distribution segments, sending its shares up more than 7% before the bell.

The company said it would not provide an outlook for the rest of 2025 but plans to issue a forecast for the next financial year in February.

Cummins cushioned the impact of a slowdown in North American truck demand by capitalizing on robust growth in data center power systems and its clean energy arm, Accelera.

The company's Power Systems segment - which manufactures generators - was up 18% in the quarter from a year earlier, its Distribution segment - which handles global sales, service and support - rose 7%. Accelera's revenue was up 10%.

The Indiana-based company reported an adjusted profit of $5.59 per share. Analysts, on average, had expected $4.81 per share, according to data compiled by LSEG.

Cummins' quarterly revenue of $8.32 billion beat estimates of $7.97 billion.

The company increased its quarterly dividend to $2.00 per share from $1.82.