CNH Industrial Q3 Earnings Miss Expectations, Revenues Fall Y/Y
CNHCNH Industrial N.V.(CNH) ZACKS·2024-11-15 00:45

CNH Industrial (CNH) reported third-quarter 2024 adjusted earnings per share (EPS) of 24 cents, down from 42 cents in the prior-year quarter. The figure also missed the Zacks Consensus Estimate of 28 cents.In the third quarter, consolidated revenues declined nearly 22% from the year-ago level to $4.65 billion and missed the consensus mark of $4.77 billion. The company’s net sales from industrial activities came in at $3.99 billion, down 25% due to lower industry demand and dealer inventory management.Stay u ...