CNH Industrial N.V. (CNHI) Tops Q1 EPS by 18c, Revenues Beat

CNH Industrial N.V. (NYSE: CNHI) reported Q1 EPS of $0.32, $0.18 better than the analyst estimate of $0.14. Revenue for the quarter came in at $7.47 billion versus the consensus estimate of $6.44 billion.

Link to 1Q Earnings Release

CNH Industrial reports record first quarter. Consolidated revenues of $7.5 billion (up 37% compared to Q1 2020), net income of $425 million, adjusted diluted EPS of $0.32, and adjusted EBIT of Industrial Activities of $545 million (up $693 million), with strong performance from all segments year over year. Industrial Activities net cash of $0.6 billion at March 31, 2021, with free cash flow seasonally negative by $0.4 billion.

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

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