CNH Industrial N.V. (CNHI) Tops Q1 EPS by 3c; Offers 2023 Outlook

CNH Industrial N.V. (NYSE: CNHI) reported Q1 EPS of $0.35, $0.03 better than the analyst estimate of $0.32. Revenue for the quarter came in at $5.34 billion versus the consensus estimate of $5.09 billion.

2023 Outlook

Net sales up between 8% and 11% year on year including currency translation effects

SG&A up, no more than 5% vs 2022

Free Cash Flow of Industrial Activities between $1.3bn and $1.5bn

R&D expenses and capital expenditures at around $1.6bn

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

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