CNH Industrial N.V. (CNHI) Tops Q2 EPS by 7c

CNH Industrial N.V. (NYSE: CNHI) reported Q2 EPS of $0.43, $0.07 better than the analyst estimate of $0.36. Revenue for the quarter came in at $6.1 billion versus the consensus estimate of $5.46 billion.

2022 Outlook:

The Company is substantially confirming the following 2022 outlook for its Industrial Activities:

• Net sales(5) up between 12% and 14% year on year including currency translation effects
• SG&A expenses lower or equal to 7.5% of net sales
• Free cash flow in excess of $1.0 billion
• R&D expenses and capital expenditures at around $1.4 billion

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

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