Core Insights - CNH Industrial reported $3.83 billion in revenue for Q1 2025, a year-over-year decline of 20.6%, with an EPS of $0.10 compared to $0.33 a year ago, indicating a significant drop in profitability [1] - The revenue exceeded the Zacks Consensus Estimate of $3.79 billion by 1.14%, while the EPS surpassed the consensus estimate of $0.09 by 11.11% [1] Revenue Breakdown - Total Industrial Activities in Agriculture generated $2.58 billion, exceeding the five-analyst average estimate of $2.48 billion, but reflecting a year-over-year decline of 23.5% [4] - Total Industrial Activities in Construction reported $591 million, below the average estimate of $624.37 million, marking a 22% year-over-year decrease [4] - Net Sales amounted to $3.17 billion, surpassing the five-analyst average estimate of $3.12 billion, with a year-over-year decline of 23.2% [4] - Finance, interest, and other income reached $656 million, slightly below the estimated $660.13 million, representing a 4.5% year-over-year decline [4] - Financial Services generated $651 million, exceeding the average estimate of $635.15 million, but showing a 5% decrease compared to the previous year [4] - Total Industrial Activities reported $3.20 billion, above the average estimate of $3.15 billion, with a year-over-year decline of 23.3% [4] - Eliminations resulted in a loss of $25 million, significantly worse than the average estimate of $1.49 million, reflecting a 37.5% year-over-year decline [4] Adjusted EBIT Performance - Adjusted EBIT for Industrial Activities in Agriculture was $139 million, slightly below the average estimate of $143.03 million [4] - Adjusted EBIT for Industrial Activities in Construction was $14 million, below the average estimate of $21.91 million [4] - Adjusted EBIT for Unallocated items, eliminations, and other was -$52 million, compared to the average estimate of -$54.20 million [4] - Total Industrial Activities adjusted EBIT was $101 million, exceeding the average estimate of $83.73 million [4] Stock Performance - CNH shares have returned -6.2% over the past month, contrasting with the Zacks S&P 500 composite's -0.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
CNH (CNH) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates