CNH Industrial N.V. (CNHI) Reports In-Line Q3 EPS; Reaffirms

October 31, 2016 6:37 AM EDT
Get Alerts CNHI Hot Sheet
Trade CNHI Now!
Join SI Premium – FREE

Find out which companies are about to raise their dividend well before the news hits the Street with StreetInsider.com's Dividend Insider Elite. Sign-up for a FREE trial here.

CNH Industrial N.V. (NYSE: CNHI) reported Q3 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $5.75 billion versus the consensus estimate of $5.74 billion.

CNH Industrial N.V. reaffirmed FY2016 guidance.

2016 Outlook

CNH Industrial is confirming its 2016 guidance as follows:

  • Net sales of Industrial Activities between $23 billion and $24 billion, with an operating margin of Industrial Activities between 5.2% and 5.8%;
  • Net industrial debt at the end of 2016 between $2.0 billion and $2.3 billion (or $1.5 billion and $1.8 billion excluding the European Commission settlement of $0.5 billion).

For earnings history and earnings-related data on CNH Industrial N.V. (CNHI) click here.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In






Related Categories

Earnings, Guidance

Related Entities

Earnings

Add Your Comment