CNH Industrial N.V. (CNHI) Tops Q1 EPS by 4c
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CNH Industrial 2022 First Quarter Results
May 3, 2022 8:20 AM EDT2022 FIRST QUARTER RESULTS
CNH Industrial reports solid first quarter performance: Consolidated revenues of $4.6 billion, (up 13.4% compared to Q1 2021 for continuing operations) Net income of $336 million, Adjusted Net Income of $378 million, with adjusted diluted EPS of $0.28, and Adjusted EBIT of Industrial Activities of $429 million (up $36 million compared to Q1 2021). Seasonal free cash flow absorption of $1,059 million (Industrial Activities) amid continued supply chain disruptions.
Financial results presented under U.S. GAAP
In our first quarter as a pure... More
