CNH Industrial N.V. (CNHI) Misses Q1 EPS by 5c

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Go back to CNH Industrial N.V. (CNHI) Misses Q1 EPS by 5c

CNH Industrial closed 2015 first quarter with revenues of $6.0 billion, operating profit of Industrial Activities of $223 million, and net income of $23 million.

April 30, 2015 10:01 AM EDT

LONDON, April 30, 2015 /PRNewswire/ --

Financial results under U.S. GAAP(*) (**)

First quarter revenues totaled $6.0 billion, down 11% compared to Q1 2014 on a constant currency basis (down 21% on a reported basis). Net sales of Industrial Activities were $5.6 billion, down 12% compared to Q1 2014 on a constant currency basis (down 22% on a reported basis). Operating profit of Industrial Activities for the quarter was $223 million ($412 million in Q1 2014), with operating margin at 4.0% (5.7% in Q1 2014). Selling, general and administrative expenses were $567 million, down $185 million... More

CNH Industrial Receives Environmental Award at Industry Event

April 29, 2015 9:45 AM EDT

BURR RIDGE, Ill., April 29, 2015 /PRNewswire/ -- CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) was honored for Environmental Awareness at the inaugural North American Automotive Supply Chain Awards. The capital goods leader, which designs, produces and sells agricultural equipment, construction equipment, commercial vehicles and powertrains, was recognized in front of hundreds of supply chain and automotive industry executives on April 22 at an awards dinner and presentation at the Plaza Hotel in New York City.

An industry leader ranked in the Dow Jones Sustainability World and Dow Jones... More