Cummins' (CMI) CEO Tom Linebarger on Q1 2022 Results - Earnings Call Transcript

Cummins Inc. (NYSE:CMI) Q1 2022 Earnings Conference Call May 3, 2022 10:00 AM ET

Company Participants

Chris Clulow – Vice President-Investor Relations

Tom Linebarger – Chairman and Chief Executive Officer

Jennifer Rumsey – President and Chief Operating Officer

Mark Smith – Chief Financial Officer

Conference Call Participants

Jamie Cook – Credit Suisse

Noah Kaye – Oppenheimer

Jerry Revich – Goldman Sachs

Rob Wertheimer – Melius Research

David Raso – Evercore ISI

Tim Thein – Citigroup

Matt Elkott – Cowen

Operator

Greetings, and welcome to the Cummins Inc. First Quarter 2022 Earnings Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Chris Clulow, Vice President, Investor Relations for Cummins Inc. Thank you. You may begin.

Chris Clulow

Thank you. Good morning, everyone. And welcome to our teleconference today to discuss Cummins’ results for the first quarter of 2022. Participating with me today are Tom Linebarger, our Chairman and Chief Executive Officer; Jennifer Rumsey, our President and Chief Operating Officer; and Mark Smith, our Chief Financial Officer. We will all be available to answer questions at the end of the teleconference.

Before we start, please note that some of the information that you will hear or be given today will consist of forward-looking statements within the meaning of the Securities and Exchange Act of 1934. Such statements express our forecasts, expectations, hopes, beliefs and intentions on strategies regarding the future. Our actual future results could differ materially from those projected in such forward-looking statements because of a number of risks and uncertainties. More information regarding such risks and uncertainties is available in the forward-looking disclosure statement in the slide deck and our filings with the Securities and Exchange Commission, particularly the Risk Factors section of our most recently filed Annual Report on Form 10-K and any subsequently filed quarterly reports on Form 10-Q.

During the course of this call, we will be discussing certain non-GAAP financial measures, and we will refer you to our website for the reconciliation of those measures to GAAP financial measures. Our press release with a copy of the financial statements and a copy of today's webcast presentation are available on our website within the Investor Relations section at cummins.com.