Engine maker Cummins (CMI) on Monday withdrew its 2025 outlook, citing uncertainty about the potential impact of the Trump administration's tariffs.

“Due toꦐ growing economic uncertainty driven by tariffs we have withdrawn our full year forecast,” CEO Jennifer Rumsey said, adding “we look forward to reinstating our forecast when conditions allow.”

Previously, Cummins had projected a revenue decline of 2% to rise of 3% year-over-year, with e🐈arnings before interest, taxes,💝 depreciation, and amortization of 16.2% to 17.2% of sales. 

The company posted first-quarter 澳洲幸运5开奖号码历史查询:earnings per share of $5.96, down from $14.03 a year earlier butඣ above analysts'▨ estimates compiled by Visible Alpha. While revenue fell 2.7% to $8.17 billion, that also topped expectations.

ღ Sales at the firm’s Distribution, Power Systems, and Accelera🌠 units advanced, while they fell at its Engine and Components segments. 

Shares of Cummins gained about 2% in recent trading. They've lost about 12% of their value since the start of the year.