2019 Third Quarter Results
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CNH Industrial N.V. (CNHI) Reports In-Line Q3 EPS
November 6, 2019 8:04 AM ESTCNH Industrial N.V. (NYSE: CNHI) reported Q3 EPS of $0.16, in-line with the analyst estimate of $0.16. Revenue for the quarter came in at $6.4 billion versus the consensus estimate of $6.38 billion.
Financial results:
Industrial Activities net sales were $5.9 billion, down 6% compared to the third quarter of 2018 (down 3% on a constant currency basis), as lower sales volume and negative currency translation offset positive price realizationAdjusted EBIT of Industrial Activities was $284 million, equivalent to a 4.8% margin, down 30 basis points... More