CNH Industrial (CNHI) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.44%. A quarter ago, it was expected that this truck, tractor and bus maker would post earnings of $0.42 per share when it actually produced earnings of $0.42, delivering no surprise.Over the last four quarters, th ...

The upcoming report from CNH Industrial (CNHI) is expected to reveal quarterly earnings of $0.41 per share, indicating an increase of 13.9% compared to the year-ago period. Analysts forecast revenues of $6.95 billion, representing no change year over year.The current level reflects a downward revision of 3.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior ...

CNH among top 5% in S&P Global Yearbook and high scorer in Dow Jones SustainabilityTM World & North America Indices Basildon, February 7, 2024 S&P Global – a leading authority in financial information and analytics – has ranked CNH as one of the strongest performers in its 2024 Sustainability Yearbook. We placed in the top 5% among the over 9,400 companies rated in the annual S&P Global Corporate Sustainability Assessment. This latest result adds to the recent second place ranking we received from S&P Glob ...

CNH to release 2023 Fourth Quarter & Full Year financial results on February 14 Basildon, January 26, 2024 CNH (NYSE:CNHI) will release its financial results for the Fourth Quarter and Full Year of 2023 on Wednesday, February 14, 2024. A live audio webcast of the financial results conference call will begin at 9:30 a.m. ET (2:30 p.m. GMT / 3:30 p.m. CET) on the same day. It will be accessible at the following address: bit.ly/CNH_Q4FY_2023. For those unable to participate in the live session, a replay will ...

Wall Street expects a year-over-year increase in earnings on higher revenues when CNH Industrial (CNHI) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the s ...

CNH invests in ecofriendly bale storage innovator Nature's Net Wrap Basildon, January 23, 2024 CNH, through our investment arm CNH Ventures, is supporting the scientific development of the first viable compostable net wrap for bales in agriculture. Our investment in the Canadian start-up Nature's Net Wrap aims to accelerate their mission to eliminate waste from the process of collecting and storing crops. Shifting to compostable net wraps has the potential to significantly benefit farmers. It will reduce l ...

CNH Industrial N.V. (NYSE:CNHI) Q3 2023 Earnings Conference Call November 7, 2023 9:30 AM ET Company Participants Jason Omerza - VP of IR Scott Wine - CEO Oddone Incisa - President and CFO Conference Call Participants Steven Fisher - UBS Nicole DeBlase - Deutsche Bank Michael Feniger - Bank of America David Raso - Evercore ISI Timothy Thein - Citi Tami Zakaria - JPMorgan Daniela Costa - Goldman Sachs Kristen Owen - Oppenheimer Operator Hello, and welcome to the CNH Industrial Third Quarter Conference Call. ...

1 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR Commission File Number: 001-36085 CNH INDUSTRIAL N.V. (Exact name of registrant as specified in its charter) Registrant's telephone number including area code: +44 207 925 1964 Former name, former address and former fiscal year, if changed since last report: N/A Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol ...

Financial Performance - Net sales for Q2 2023 reached $5,954 million, an increase from $5,613 million in Q2 2022, representing a growth of 6.1%[27] - Total revenues for the first half of 2023 were $11,909 million, compared to $10,727 million in the same period of 2022, reflecting a year-over-year increase of 11.0%[27] - Net income attributable to CNH Industrial N.V. for Q2 2023 was $706 million, up from $548 million in Q2 2022, marking a 28.8% increase[28] - Basic earnings per share for Q2 2023 were $0.53, compared to $0.40 in Q2 2022, indicating a growth of 32.5%[24] - The company reported a comprehensive income of $776 million for Q2 2023, compared to $592 million in Q2 2022, indicating a growth of 31.1%[28] - Total revenues for the three months ended June 30, 2023, were $6,567 million, an increase of 8% compared to $6,082 million for the same period in 2022[37] - For the six months ended June 30, 2023, total revenues reached $11,909 million, up 11% from $10,727 million in the prior year[37] - Net income for the three months ended June 30, 2023, was $333 million, with a comprehensive income of $130 million[30] - Net income for the three months ended June 30, 2023, was $710 million, an increase of 28.7% compared to $552 million for the same period in 2022[134] Expenses and Costs - Research and development expenses for Q2 2023 totaled $269 million, an increase from $212 million in Q2 2022, representing a rise of 26.8%[27] - Selling, general and administrative expenses decreased to $10 million for the three months ended June 30, 2023, from $12 million in the same period of 2022, a reduction of 16.7%[142] - Cost of goods sold for the three months ended June 30, 2023, was $279 million, up from $243 million in the same period of 2022, indicating a 14.8% increase[144] - Interest expense for Q2 2023 was $323 million, significantly higher than $162 million in Q2 2022[157] - Interest expense for the six months ended June 30, 2023, was $595 million, compared to $300 million in the same period of 2022[199] Assets and Liabilities - CNH Industrial's total assets as of June 30, 2023, were $9,658 million, compared to $9,403 million at the end of 2022, showing an increase of 2.7%[23] - Total liabilities stood at $8,739 million as of June 30, 2023, up from $8,485 million at the end of 2022, reflecting a growth of 3.0%[23] - The total of other liabilities increased to $5,417 million as of June 30, 2023, compared to $4,847 million as of December 31, 2022, reflecting an increase of 11.7%[67] - The company’s retained earnings increased to $6,282 million as of January 1, 2022, following a demerger of the Iveco Group[30] Financing and Receivables - As of June 30, 2023, total financing receivables amounted to $12.683 billion, an increase from $11.348 billion as of December 31, 2022, representing an increase of approximately 11.7%[50] - Retail note and finance lease receivables were $6.581 billion as of June 30, 2023, down from $6.766 billion as of December 31, 2022, indicating a decrease of about 2.7%[50] - Wholesale receivables increased significantly to $6.102 billion as of June 30, 2023, compared to $4.582 billion as of December 31, 2022, reflecting a growth of approximately 33.1%[50] - The total performing receivables as of June 30, 2023, were $12.151 billion, with non-performing receivables totaling $61 million[56] - The company is actively monitoring the credit quality of its financing receivables, with a focus on managing delinquency rates and non-performing loans[56] Acquisitions and Investments - The company acquired Augmenta Holding SAS for approximately $79 million, enhancing its technology portfolio[17] - The company recorded goodwill increases of $76 million and $118 million from the acquisitions of Augmenta Holding SAS and Bennamann LTD, respectively, in Q1 2023[65] - The company’s equity method investments increased to $352 million as of June 30, 2023, up from $331 million as of December 31, 2022[55] Segment Performance - Revenues from the agriculture segment for the three months ended June 30, 2023, were $4,890 million, a 3.6% increase from $4,722 million in the same period of 2022[135] - Revenues from the construction segment for the three months ended June 30, 2023, were $1,064 million, a significant increase of 19.4% compared to $891 million in the same period of 2022[135] - Financial services revenues for the three months ended June 30, 2023, were $603 million, reflecting a 28.0% increase from $471 million in the same period of 2022[135] Market and Economic Conditions - Global industry volume for heavy construction equipment was down 9% year over year in the second quarter of 2023[191] - The company continues to focus on expanding its digital agriculture and precision technology offerings through the Raven brand, which supports autonomous systems[48] Other Financial Metrics - The company recorded fixed asset write-downs of $17 million related to the suspension of operations in Russia during the six months ended June 30, 2022[114] - The company incurred a loss of $39 million reclassified from accumulated other comprehensive income into income for the six months ended June 30, 2023[89] - The fair value of foreign exchange derivatives designated as hedging instruments was $74 million as of June 30, 2023, compared to $70 million at December 31, 2022[92]

CNH Industrial N.V. (NYSE:CNHI) Q2 2023 Earnings Conference Call July 28, 2023 9:30 AM ET Company Participants Jason Omerza - Vice President of Investor Relations Scott Wine - Chief Executive Officer Oddone Incisa - President & Chief Financial Officer Conference Call Participants Nicole DeBlase - Deutsche Bank Mig Dobre - Baird Steven Fisher - UBS Kristen Owen - Oppenheimer David Raso - Evercore ISI Tami Zakaria - JPMorgan Gabriele Gambarova - Banca Akros Jamie Cook - Credit Suisse Daniela Costa - Goldman S ...