CNH Industrial N.V. (CNHI) Tops Q2 EPS by 3c

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Go back to CNH Industrial N.V. (CNHI) Tops Q2 EPS by 3c

CNH Industrial 2017 second quarter revenues up 3% to $6.9 billion, net income at $247 million, with adjusted net income(2)(3) up 23% to $266 million or $0.19 per share. Net industrial debt at $2.1 bil

July 26, 2017 8:30 AM EDT

LONDON, July 26, 2017 /PRNewswire/ --

Financial results presented under U.S. GAAP(1)

Industrial Activities' revenues up 3.2% (up 4.5% on a constant currency basis) on strengthening agricultural equipment demand in LATAM and positive developments in APAC markets across all segments Operating profit(2)(3) of Industrial Activities increased 6.2% to $481 million, with an operating margin of 7.2% as a result of a solid performance in all segments Adjusted net income increased to $266 million in the second quarter of 2017, with adjusted diluted EPS(2)(3) of $0.19 Net... More