CNH Global N.V. (CNH) Tops Q2 EPS Views; Guides FY11 Revs Growth
CNH Global N.V. (NYSE: CNH) reported Q2 EPS of $1.33, $0.34 better than the analyst estimate of $0.99. Revenue for the quarter came in at $4.88 billion versus the consensus estimate of $4.52 billion.
FY 2011 World Wide Unit Growth Forecast Agricultural equipment demand up 5% to 10% Construction equipment demand up 25% to 30%
Sees FY11 revenue growth of 15-20% and an operating margin at the upper end of its previously disclosed range of 7.1% to 7.9%.
FY 2011 World Wide Unit Growth Forecast Agricultural equipment demand up 5% to 10% Construction equipment demand up 25% to 30%
Sees FY11 revenue growth of 15-20% and an operating margin at the upper end of its previously disclosed range of 7.1% to 7.9%.