earnings
confidence high
sentiment positive
materiality 0.85
CNH Industrial Q4 revenue up 27% to $6.9B; plans to delist from Milan exchange by early 2024
CNH Industrial N.V.
2022-FY EPS reported
$1.49
revenue$23,551,000,000
- Q4 net sales Industrial Activities $6,352M (+27% YoY); adjusted EBIT $680M (+$302M). Diluted EPS $0.43, adjusted $0.36.
- Full-year 2022 revenue $23.6B (+21%); net income $2,039M; adjusted diluted EPS $1.46 (+$0.18).
- Board proposes annual cash dividend of €0.36 (~$0.38) per share, subject to shareholder approval.
- CNH Industrial announces intention to delist from Euronext Milan and retain single NYSE listing by early 2024.
- 2023 outlook: net sales up 6-10% YoY; Industrial Free Cash Flow $1.3B-$1.5B; R&D and capex ~$1.6B.