CNH Industrial (CNHI) Q4 Earnings Beat Estimates, Rise Y/Y

CNH Industrial (CNHI) delivered fourth-quarter 2023 adjusted earnings per share (EPS) of 42 cents, up from 36 cents reported in the prior-year quarter. The figure also beat the Zacks Consensus Estimate of 41 cents.In the fourth quarter, consolidated revenues declined 2% from the year-ago level to $6.79 billion. The company’s net sales from industrial activities came in at$6.02 billion, down 5% due to lower industry demand in Agriculture. The figure lagged the Zacks Consensus Estimate of $6.35 billion.Segme ...