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

October 31, 2016 6:37 AM EDT
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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.

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