CNH Industrial Q2 net income record $710M; EPS $0.52; Ag margin 16.8%

CNH Industrial N.V.

2023-Q2 EPS reported $0.88 revenue$11,909,000,000

Consolidated revenue $6.57B, up 8% YoY; net sales of Industrial Activities $5.95B, up 6%.
Adjusted net income $711M, adjusted diluted EPS $0.52 vs $0.43 YoY.
Agriculture segment adjusted EBIT margin 16.8% (+280 bps); Construction margin 6.8% (+300 bps).
Industrial Free Cash Flow $386M; FY 2023 outlook reaffirmed: net sales +8-11% YoY, FCF $1.3-1.5B.
Cash used in operating activities $(139)M; consolidated debt $24.9B at June 30, 2023.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.99

CNH Industrial N.V. reported the second quarter of 2023 results: revenue $6.57 billion, net income $710 million, EPS $0.52.

Period: the second quarter of 2023
Revenue: $6.57 billion
Net income: $710 million
EPS: $0.52
Result: reported results

Exact text from the filing

herein by reference. --- EX-99.1 (EX-99.1) --- EX-99.1 Exhibit 99.1 CNH Industrial Reports Record Second Quarter Net Income of $710 Million Q2 Consolidated revenues of $6.57 billion (up 8% compared to Q2 2022) Net income of $710 million and Adjusted Net Income of $711 million, with diluted EPS and adjusted diluted EPS of $0.52 Net cash used by operating

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CNH Industrial N.V. filing history →

Source: SEC EDGAR

accession 0001193125-23-196886

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