Latest news with #Cummins'
Time of India
a day ago
- Sport
- Time of India
WTC Final: Australia's bowlers have the edge over Proteas, says former Australian captain
Former Australian captain Aaron Finch praised ' leadership abilities ahead of the ICC World Test Championship final between Australia and South Africa at Lord's on June 11. Finch highlighted Cummins' continuous improvement as a captain both on and off the field, as Australia aims to defend their WTC mace against first-time finalists South Africa. Tired of too many ads? go ad free now Under Cummins' leadership, Australia secured 13 wins in 19 Tests with only four losses, finishing second in the championship standings. His captaincy has been marked by significant achievements, including retaining the Ashes against England and securing Australia's first Border-Gavaskar Trophy series win against India in a decade. Go Beyond The Boundary with our YouTube channel. SUBSCRIBE NOW! "Pat Cummins' captaincy is outstanding. He keeps improving day after day. He's shown an ability to lead a team, not just on the field, but off the field. And that is a huge part of captaining an international team. Your ability to bring everything together at the right time. His partnership with Andrew McDonald, the coach, has been super for Australian cricket," Finch said while speaking to Star Sports. Cummins has proven himself as a leader on the field, taking 73 wickets in 17 Tests at an average of over 24. His record as Test captain stands at 20 wins, seven losses, and six draws in 33 matches, achieving a win percentage of 60.60. Major League Cricket: Liam Plunkett on how cricket can boom in the USA "I think both teams are very similarly matched with their bowling attacks. You look at Mitchell Starc, Pat Cummins, Josh Hazlewood, Scott Boland, they are probably the four front runners at this stage, along with Nathan Lyon. And then you have got , Lungi Nigidi, Marco Jansen and Keshav Maharaj. So I think they both match up so closely together, but I would give Australia just the edge, having probably played more test cricket as a bowling group in the English conditions," Finch added. Tired of too many ads? go ad free now Both teams have announced their squads for the final. South Africa's squad includes Tony de Zorzi, Ryan Rickelton, Aiden Markram, Temba Bavuma as captain, David Bedingham, Tristan Stubbs, Kyle Verreynne, Wiaan Mulder, Marco Jansen, Corbin Bosch, Kagiso Rabada, Lungi Ngidi, Dane Paterson, Keshav Maharaj, and Senuran Muthusamy. Quiz: Australia's squad comprises , Sam Konstas, Marnus Labuschagne, , Travis Head, Alex Carey, Josh Inglis, Cameron Green, Beau Webster, Pat Cummins as captain, Mitchell Starc, Josh Hazlewood, Scott Boland, Nathan Lyon, and Matt Kuhnemann, with Brendan Doggett as the traveling reserve. South Africa enters the final seeking their first ICC major world title in senior cricket, while Australia looks to maintain their dominance, having already secured every major trophy in all forms of cricket.
Yahoo
20-05-2025
- Automotive
- Yahoo
CMI Q1 Earnings Call: Power Systems Outperformance and Uncertainty from Tariffs Shape Outlook
Engine manufacturer Cummins (NYSE:CMI) reported Q1 CY2025 results beating Wall Street's revenue expectations , but sales fell by 2.7% year on year to $8.17 billion. Its non-GAAP profit of $5.96 per share was 21% above analysts' consensus estimates. Is now the time to buy CMI? Find out in our full research report (it's free). Revenue: $8.17 billion vs analyst estimates of $8.13 billion (2.7% year-on-year decline, 0.6% beat) Adjusted EPS: $5.96 vs analyst estimates of $4.92 (21% beat) Adjusted EBITDA: $1.46 billion vs analyst estimates of $1.31 billion (17.9% margin, 11.2% beat) Operating Margin: 13.9%, up from 11% in the same quarter last year Free Cash Flow was -$165 million, down from $107 million in the same quarter last year Market Capitalization: $46.08 billion Cummins' first quarter results were shaped by robust performance in its Power Systems segment and strong aftermarket demand, even as core North American truck markets softened. CEO Jennifer Rumsey emphasized the launch of new engine platforms and the acquisition of hybrid retrofit technology as key factors in operational improvement. She noted, 'We achieved impressive results in the first quarter with record financial performance in our Power Systems business,' while cautioning about increasing uncertainty from trade tariffs and regulatory changes. Looking ahead, management withheld full-year guidance due to the evolving impact of tariffs and unclear regulatory timelines, particularly for emissions standards in North America. Rumsey described the environment as highly uncertain, stating, 'The breadth and changing nature of the tariffs have introduced a great degree of uncertainty and mean that at this time, we are unable to predict with confidence our expected performance for the year.' The company is closely monitoring demand trends across segments, with particular focus on aftermarket strength and the timing of new product introductions. Management attributed the quarter's profitability to a combination of operational improvements, segment-specific momentum, and proactive pricing, while also flagging near-term risks from trade policy and regulatory uncertainty. Power Systems Margin Expansion: Operational enhancements and broad-based demand—especially in data centers, mining, and rebuilds—drove record profitability, with aftermarket sales exceeding expectations. Aftermarket and Pricing Gains: Aftermarket volumes increased across several segments, supported by successful price increases and cost control, notably within the engine and distribution businesses. Data Center Demand: Accelerating demand for data center backup power in both the U.S. and China contributed to growth, but management clarified that aftermarket strength was broad-based and not solely tied to this market. Product Launches and Acquisitions: The introduction of the X10 and B7.2 engine platforms and the acquisition of First Mode's retrofit hybrid technology for mining/rail reinforced Cummins' focus on decarbonization and product renewal. Tariff and Regulatory Complexities: Management highlighted that tariffs had minimal impact in Q1 but expect growing effects in future quarters, particularly as inventory and supply chain mitigation options diminish. They also noted ongoing uncertainty around 2027 emissions regulations and the potential for additional tariffs under Section 232 investigations. Management's outlook is shaped by the potential duration and scope of tariffs, regulatory changes, and mixed demand signals across end markets, all of which introduce significant unpredictability for the remainder of the year. Tariff Uncertainty: The evolving landscape of U.S. and international tariffs is expected to impact both costs and demand, with management planning to pass on costs where possible but acknowledging some lag and risk to overall economic activity. Regulatory Timeline: Pending emissions regulations in North America create uncertainty for new product adoption and customer purchasing decisions, with the 2027 NOx rule and potential changes to greenhouse gas standards being closely monitored. Aftermarket and Power Systems Resilience: Management views the Power Systems and aftermarket segments as having more predictable multi-year demand, with the ability to reallocate orders if needed, while on-highway engine and components businesses remain exposed to cyclical swings. Jamie Cook (Truist Securities): Asked about the quantifiable impact of tariffs and visibility by segment; management declined to provide specifics, citing ongoing uncertainty and noted actions to mitigate and pass on costs. Jerry Revich (Goldman Sachs): Inquired if Power Systems margins are sustainable and about regulatory impacts on engine platforms; management said margins reflect underlying improvements but may fluctuate with demand and regulatory clarity. Angel Castillo (Morgan Stanley): Sought detail on near-term tariff effects and aftermarket drivers; management stated tariff impacts were immaterial in Q1 but will grow, and aftermarket strength is broad-based, not just data center-driven. Tim Thein (Raymond James): Probed on expectations for parts demand and joint venture income; management expects parts demand to remain resilient but noted joint venture income could be lumpy and may moderate. David Raso (Evercore ISI): Questioned whether demand concerns stem from actual price pushback or general macro uncertainty; management attributed order caution to broader economic and regulatory uncertainties rather than direct price resistance. In the coming quarters, the StockStory team will be tracking (1) the impact of newly enacted and potential tariffs on both costs and order volumes as mitigation strategies phase out, (2) the pace and outcome of regulatory developments around 2027 emissions standards and Section 232 investigations, and (3) sustained strength in Power Systems and aftermarket demand, including the adoption of new engine platforms and decarbonization technologies. Execution on these fronts will be critical for assessing Cummins' resilience in a volatile environment. Cummins currently trades at a forward EV-to-EBITDA ratio of 11.5×. At this valuation, is it a buy or sell post earnings? See for yourself in our free research report. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today.
NDTV
05-05-2025
- Sport
- NDTV
IPL 2025 Points Table After SRH vs DC Game: Sunrisers Hyderabad Out Of Playoff Race, Tricky For DC
Sunrisers Hyderabad were eliminated from the play-offs race after their Indian Premier League fixture against Delhi Capitals was called off due to heavy rain following the first innings on Monday. Pat Cummins -led SRH pace attack ran through the DC batting line-up to limit the visitors to 133/7 before rain dashed the slim hopes of the home team. Both teams shared a point each for the abandoned game. With 13 points from 11 games, DC remain in contention for a top-four spot. After reaching the final last year, it was a season to forget for SRH who could not replicate their ballistic run of 2024 with the bat. Having collected only seven points from 11 matches, SRH will now be playing for pride. Chennai Super Kings and Rajasthan Royals were already eliminated from the competition. Before rain lashed the Rajiv Gandhi Stadium, the hosts put up a clinical effort with the ball and were on course for only their fourth win of the season until rain arrived, creating large puddles of water on the outfield. The match officials decided to call off the game at 11.10 pm local time. The shot selection of Delhi Capitals' batters contributed to their downfall after being put in to bat. They were left reeling at 29 for five in 7.1 overs with captain Cummins causing the maximum damage. Cummins had Karun Nair caught behind on the very first ball of the match with a good length ball around the off-stump. It was a rather loose shot from the DC batter first up. Faf du Plessis departed in Cummins' following over, a failed attempt to put the relentless Australian away for a boundary. Not getting any loose ball from Cummins, the South Africa went for a pull on the charge only to be caught by the wicket-keeper. Cummins' third victim was Abhishek Porel who was caught after mistiming a flick. Harshal Patel and Jaydev Unadkat then got into the act by dismissing Axar Patel and K L Rahul respectively. The in-form Rahul went for a drive on the up but ended up edging it to Ishan Kishan behind the stumps. It was one way traffic until Tristian Stubbs (41 not out off 36) and impact player Ashutosh Sharma (41 off 26) combined to take DC to a respectable total. They shared a 66-run stand off 45 balls. Sharma was able to break the shackles by depositing leg-spinner Zeeshan Ansari for a couple of sixes over long-on in the 15th over. Stubbs did not look as comfortable as Sharma in the middle but managed to provide much needed support to the latter. The South African could find only four boundaries with the last one coming off the final ball of the innings.
News18
05-05-2025
- Sport
- News18
SRH Vs DC, IPL 2025 Match Highlights: Sunrisers Hyderabad Eliminated As Match Gets Abandoned Due To Rain
Last Updated: SRH vs DC, IPL 2025: Pat Cummins' heroics were in vain as SRH find themselves eliminated from IPL 2025 with the match against DC being washed out. Sunrisers Hyderabad vs Delhi Capitals IPL 2025: Sunrisers Hyderabad were eliminated from the play-offs race after their Indian Premier League fixture against Delhi Capitals was called off due to heavy rain following the first innings here on Monday. Pat Cummins-led SRH pace attack ran through the DC batting line-up to limit the visitors to 133/7 before rain dashed the slim hopes of the home team. Both teams shared a point each for the abandoned game. With 13 points from 11 games, DC remain in contention for a top-four spot. After reaching the final last year, it was a season to forget for SRH who could not replicate their ballistic run of 2024 with the bat. Having collected only seven points from 11 matches, SRH will now be playing for pride. Chennai Super Kings and Rajasthan Royals were already eliminated from the competition. Before rain lashed the Rajiv Gandhi Stadium, the hosts put up a clinical effort with the ball and were on course for only their fourth win of the season until rain arrived, creating large puddles of water on the outfield. The match officials decided to call off the game at 11.10 pm local time. advetisement The shot selection of Delhi Capitals' batters contributed to their downfall after being put in to bat. They were left reeling at 29 for five in 7.1 overs with captain Cummins causing the maximum damage. Cummins had Karun Nair caught behind on the very first ball of the match with a good length ball around the off-stump. It was a rather loose shot from the DC batter first up. Faf du Plessis departed in Cummins' following over, a failed attempt to put the relentless Australian away for a boundary. Not getting any loose ball from Cummins, the South Africa went for a pull on the charge only to be caught by the wicket-keeper. Cummins' third victim was Abhishek Porel who was caught after mistiming a flick. Harshal Patel and Jaydev Unadkat then got into the act by dismissing Axar Patel and K L Rahul respectively. The in-form Rahul went for a drive on the up but ended up edging it to Ishan Kishan behind the stumps. It was one way traffic until Tristian Stubbs (41 not out off 36) and impact player Ashutosh Sharma (41 off 26) combined to take DC to a respectable total. They shared a 66-run stand off 45 balls. Sharma was able to break the shackles by depositing leg-spinner Zeeshan Ansari for a couple of sixes over long-on in the 15th over. Stubbs did not look as comfortable as Sharma in the middle but managed to provide much needed support to the latter. The South African could find only four boundaries with the last one coming off the final ball of the innings. (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) First Published: May 05, 2025, 23:22 IST
India Today
28-04-2025
- Sport
- India Today
SRH take Maldives vacation to celebrate win vs CSK
SRH take Maldives vacation to celebrate win vs CSK 27 May, 2025 SunRisers Hyderabad went straight into vacation mode after beat CSK in the IPL SRH's Maldives Vacation SRH travelled to Maldives to spent some time away before their next game on May 2 (Courtesy: SRH) IPL 2025 SRH travelled to Maldives in style and stayed at the luxurious water villas (Courtesy: SRH) SRH in Maldives The team beat CSK to clinch their third win of the season April 25 SRH Beat CSK Earlier, SRH captain Pat Cummins had taken a break before the team's CSK match Cummins' Mini Vacation Cummins had flown out to Singapore to spend some alone time with his family Trip to Singapore SRH would hope to return rejuvinated They need to win all their games to make it to the playoffs this season
