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Will Cummins (CMI) Stock Be Helped by Q2 Earnings Beat?

NEW YORK (TheStreet) -- Shares of Cummins (CMI) are slumping 0.33% to $121.40 in pre-market trading on Tuesday after reporting second-quarter earnings and revenue above estimates but cutting its full-year revenue outlook.

Before the market open, the Columbus, IN-based diesel-engines manufacturer reported adjusted earnings of $2.40 per share, topping analysts' estimates of $2.16 per share.

Revenue fell 10% year-over-year to $4.53 billion in the most recent period but beat analysts' projections of $4.50...