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CNH Industrial N.V. Q3 Profit Decreases, Misses Estimates

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

CNH Industrial N.V. (CNH) revealed earnings for third quarter that Decreased from last year and missed the Street estimates.

The company's earnings came in at $80 million, or $0.06 per share. This compares with $306 million, or $0.24 per share, last year.

Excluding items, CNH Industrial N.V. reported adjusted earnings of $105 million or $0.08 per share for the period.

Analysts on average had expected the company to earn $0.14 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period fell 5.5% to $4.399 million from $4.654 million last year.

CNH Industrial N.V. earnings at a glance (GAAP) :

-Earnings: $80 Mln. vs. $306 Mln. last year.
-EPS: $0.06 vs. $0.24 last year.
-Revenue: $4.399 Mln vs. $4.654 Mln last year.

-Guidance:
Full year revenue guidance: $0.44 - $0.50

For comments and feedback contact: editorial@rttnews.com

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