CNH Industrial N.V.-Compared to Estimates, CNH (CNH) Q4 Earnings: A Look at Key Metrics

Core Insights - CNH Industrial reported a revenue of $4.88 billion for the quarter ended December 2024, reflecting a decline of 28.2% year-over-year and a slight miss of 0.28% against the Zacks Consensus Estimate of$ 4.89 billion [1] - The earnings per share (EPS) for the quarter was $0.15, down from$ 0.42 in the same quarter last year, resulting in an EPS surprise of -21.05% compared to the consensus estimate of $0.19 [1] Revenue Breakdown - Total Industrial Activities in Agriculture generated$ 3.41 billion, exceeding the average estimate of $3.38 billion but down 31.1% year-over-year [4] - Total Industrial Activities in Construction reported revenues of$ 718 million, below the average estimate of $733.34 million, marking a 33% decline from the previous year [4] - Net Sales amounted to$ 4.13 billion, slightly below the average estimate of $4.16 billion, representing a 31.4% decrease year-over-year [4] - Finance, interest, and other income reached$ 747 million, surpassing the average estimate of $732.63 million, but down 3.5% year-over-year [4] - Financial Services revenues were$ 743 million, closely matching the average estimate of $743.95 million, with a year-over-year decline of 3.3% [4] - Total Industrial Activities revenue was$ 4.16 billion, in line with the average estimate, but down 31.5% compared to the year-ago quarter [4] - Eliminations reported a loss of $28 million, significantly worse than the average estimate of$ 2.45 million, reflecting a 40.4% decline year-over-year [4] Adjusted EBIT Performance - Adjusted EBIT for Industrial Activities in Agriculture was $244 million, below the average estimate of$ 283.61 million [4] - Adjusted EBIT for Industrial Activities in Construction was $18 million, exceeding the average estimate of$ 15.69 million [4] - Adjusted EBIT for Unallocated items, eliminations, and other activities was - $68 million, worse than the average estimate of -$ 54.82 million [4] - Total Adjusted EBIT for Industrial Activities was $194 million, falling short of the average estimate of$ 250.97 million [4] Stock Performance - CNH shares have returned +10.6% over the past month, outperforming the Zacks S&P 500 composite, which saw a +1% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]