earnings
confidence high
sentiment negative
materiality 0.75
CNH Industrial Q2 net income falls 35% to $141M; revenue up 2% to $4.8B
CNH Industrial N.V.
- Revenue $4.8B (+2% YoY); net income $141M (-35%); diluted EPS $0.11 vs $0.17.
- Adjusted net income $161M (-25%); adjusted diluted EPS $0.13 vs $0.17.
- Agriculture net sales flat at $3.3B; adjusted EBIT margin 5.2% vs 8.1% (down 290 bps).
- Construction net sales up 12% to $866M; adjusted EBIT margin 1.7% vs 4.5% (down 280 bps).
- Full-year guidance narrowed to higher end: Agriculture EBIT margin 5.0-5.5%, adjusted EPS $0.41-0.46.