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Cummins (CMI) Earnings Report: Q3 2015 Conference Call Transcript


The following Cummins (CMI - Get Report) conference call took place on October 27, 2015, 10:00 AM ET. This is a transcript of that earnings call:

Company Participants

  • Mark Smith; Cummins Inc.; Executive Director IR
  • Tom Linebarger; Cummins Inc.; Chairman, CEO
  • Pat Ward; Cummins Inc.; CFO
  • Rich Freeland; Cummins Inc.; President, COO

Other Participants

  • Steve Volkmann; Jefferies LLC; Analyst
  • Andy Casey; Wells Fargo Securities, LLC; Analyst
  • Ross Gilardi; BofA Merrill Lynch; Analyst
  • Jamie Cook; Credit Suisse; Analyst
  • Ann Duignan; JPMorgan; Analyst
  • Joe O'Dea; Vertical Research Partners; Analyst
  • Jerry Revich; Goldman Sachs; Analyst
  • Nicole DeBlase; Morgan Stanley; Analyst
  • Alex Potter; Piper Jaffray & Co.; Analyst
  • Ted Grace; Susquehanna Financial Group/SIG; Analyst

MANAGEMENT DISCUSSION SECTION Operator: Welcome to the Cummins Inc. Q earnings release. (Operator Instructions). As a reminder, today's conference is being recorded. I would now like to introduce your host for today's conference, Mr. Mark Smith, Vice President of Investor Relations. Sir, please begin.


Mark Smith: Thank you. Good morning, everyone, and welcome to our teleconference today to discuss Cummins' results for the third quarter of . Participating with me today are our Chairman and Chief Executive Officer, Tom Linebarger; our Chief Financial Officer, Pat Ward; and President and Chief Operating Officer Rich Freeland. We will all be available for your...