CNH Industrial NV

CNH Industrial NV designs, produces and sells agricultural equipment and commercial vehicles. It operates through the following business segments: Heavy construction equipment and Light construction equipment. The Heavy construction equipment segment includes general construction equipment such as large wheel loaders and excavators, and road building and site preparation equipment such as graders, compactors and dozers. Purchasers of heavy construction equipment include construction companies, municipalities, local governments, rental fleet owners, quarrying and mining companies, waste management companies and forestry-related concerns. The Light construction equipment is also know as compact and service equipment, and it includes skid-steer loaders, compact track loaders, tractor loaders, rough terrain forklifts, backhoe loaders, small wheel loaders and excavators. Purchasers of light construction equipment include contractors, residential builders, utilities, road construction companies, rental fleet owners, landscapers, logistics companies and farmers. The company was founded in 1866 and is headquartered in London, the United Kingdom.

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CNH Industrial NV is an equipment and services company, which develops, manufactures and sells specialized machines and services for the farming and construction industries, and supplies replacement parts and accessories. It operates through the following operating segments: Agriculture, Construction, and Financial Services. The Agriculture segment designs, manufactures, and distributes a full line of farm machinery and implements, including two-wheel and four-wheel drive tractors, crawler tractors, combines, grape and sugar cane harvesters, hay and forage equipment, planting and seeding equipment, soil preparation and cultivation implements and material handling equipment. The Construction segment comprises of a full line of construction equipment including excavators, crawler dozers, graders, wheel loaders, backhoe loaders, skid steer loaders, and compact track loaders. The Financial Services segment offers retail note and lease financing to end-use customers for the purchase of new and used agricultural and construction equipment and components. The company was founded in 1866 and is headquartered in London, the United Kingdom.

The headline numbers for CNH (CNHI) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

CNH (CNHI) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Basildon, May 3, 2024 CNH Industrial N.V. (NYSE: CNHI) today held its annual general meeting of shareholders.

CNH announces voting results of 2024 Annual General Meeting and publishes 2023 Sustainability Report

CNH Industrial N.V. (NYSE:CNHI ) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Jason Omerza – Vice President-Investor Relations Scott Wine – Chief Executive Officer Oddone Incisa – Chief Financial Officer Conference Call Participants Mig Dobre – Baird Jamie Cook – Truist Nicole DeBlase – Deutsche Bank David Raso – Evercore Mike Shlisky – D.A.

CNH Industrial N.V. (CNHI) Q1 2024 Earnings Call Transcript

CNH Industrial (CNHI) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.35 per share a year ago.

CNH Industrial (CNHI) Q1 Earnings and Revenues Surpass Estimates

First quarter consolidated revenue declined 10% on lower industry demand First quarter diluted EPS at $0.31; adjusted diluted EPS at $0.33 ($0.35 in the first quarter of 2023) First quarter Agriculture segment adjusted EBIT margin down 200 bps year-over-year to 12.5%; Construction up 150 bps to 6.7% Cost reduction programs on track, helping to mitigate impact of slowing markets Full-year guidance updated to reflect lower agriculture industry projections Basildon, UK - May 2, 2024 - CNH Industrial N.V. (NYSE: CNHI) today reported results for the three months ended March 31, 2024, with net income of $402 million and diluted earnings per share of $0.31 compared with net income of $486 million and diluted earnings per share of $0.35 for the three months ended March 31, 2023.

CNH Industrial N.V. Reports First Quarter 2024 Results

Basildon, May 1, 2024 CNH Industrial (NYSE: CNHI) announces that the Company's common shares listed on the New York Stock Exchange (NYSE) will begin trading under the symbol “CNH” effective Monday, May 20, 2024. This will replace the Company's current ticker symbol, “CNHI”, marking a return to both our original ticker symbol “CNH” – used until 2013 – and our identity as a leading pureplay provider of equipment, technology and services for agriculture and construction.

CNH is changing its NYSE ticker symbol to “CNH” on May 20

Besides Wall Street's top -and-bottom-line estimates for CNH (CNHI), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Exploring Analyst Estimates for CNH (CNHI) Q1 Earnings, Beyond Revenue and EPS

CNH kicks off A Sustainable Year series with a focus on AI Basildon, April 30, 2024 Today, CNH announces the first in a series of stories to be featured in its latest A Sustainable Year magazine. The annual publication promotes the company's innovation and sustainability initiatives.

CNH kicks off A Sustainable Year series with a focus on AI

MCLEAN, Va.--(BUSINESS WIRE)--Intelsat, operator of one of the world's largest integrated satellite and terrestrial networks, and CNH (NYSE: CNHI), whose brands include Case IH, New Holland and Steyr, agreed to install, connect and operate ruggedized multi-orbit satellite terminals on CNH farm equipment operating in remote farmland throughout Brazil with Intelsat's global network. “As the first satellite communications company to provide multi-orbit connectivity to farmers around the world, Int.

Intelsat, CNH Smart Farming Satellite Connectivity Coming to Brazil

CNH expands network connectivity with Intelsat collaboration Field-ready connectivity option for hard-to-reach locations brings the power of precision agriculture to more CNH customers  Basildon, April 29, 2024 CNH (NYSE: CNHI) and Intelsat, operator of one of the world's largest integrated satellite and terrestrial communication networks, today announced a collaboration that will be the first to provide farmers ubiquitous access to the internet via a ruggedized satellite communications (SATCOM) service. Based on a new memorandum of understanding, Intelsat will provide multi-orbit internet access to connect CNH equipment working in remote locations and easy-to-use satellite terminals ready to handle the challenging environment on a farm.

CNH expands network connectivity with Intelsat collaboration

CNH (CNHI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: CNH Industrial (CNHI) Q1 Earnings Expected to Decline

CNH announces signing of a €3.25 billion committed revolving credit facility Basildon, April 23, 2024 On April 19, 2024, CNH (NYSE: CNHI) signed a €3.25 billion committed revolving credit facility, intended for general corporate purposes of the Company. The facility, entered into with a group of 18 banks providing aggregate commitments in excess of €3.5 billion, has a 5-year tenor with two extension options of one year each, exercisable on the first and second anniversary of the signing date.

CNH announces signing of a €3.25 billion committed revolving credit facility

CNH NAMES GERRIT MARX AS CEO Mr. Marx returns to CNH from Iveco Group, succeeding Scott W.

CNH NAMES GERRIT MARX AS CEO: Mr. Marx returns to CNH from Iveco Group, succeeding Scott W.

Turin, 21 st April 2024. The Board of Iveco Group N.V. (EXM: IVG) (or “the Group”) announces that Olof Persson will succeed Gerrit Marx as Group CEO when the latter leaves the Group to take up his appointment as the CEO of CNH Industrial N.V. (NYSE: CNHI) on 1st July 2024.

Olof Persson to replace Gerrit Marx as CEO of Iveco Group starting from July 2024

CNH to release 2024 First Quarter financial results on May 2 Basildon, April 18, 2024 CNH (NYSE: CNHI) will release its 2024 First Quarter financial results on Thursday, May 2, 2024. A live audio webcast of the financial results conference call will begin at 9:00 a.m.

CNH to release 2024 First Quarter financial results on May 2

CASE recognized for delivering first sustainable UK roadshow Basildon, April 17, 2024 At CNH increasing productivity for our customers in a sustainable way is a key priority. We are investing in alternative propulsion, fuel use/input cost reductions, and other innovative technologies, and this is just the tip of the iceberg.

CASE recognized for delivering first sustainable UK roadshow

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The Manufacturing - Farm Equipment industry stocks Deere (DE), Kubota (KUBTY), CNH Industrial (CNHI) and Alamo (ALG) are set to gain from improving farm equipment demand and investment in technology.

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CNH announced a new $500 million buyback and an SG&A saving plan. We believe the Agriculture equipment business is more resilient vs. history. CNH trades at a discount compared to peers. Supportive macro factors, such as population growth and technological advancements, cannot go unnoticed. Our buy is confirmed.

CNH Industrial: High FCF Generation And An Ongoing Buyback

Basildon, March 21, 2024 CNH Industrial N.V. (NYSE: CNHI) today announced that its indirect wholly owned subsidiary, CNH Industrial Capital Canada Ltd.

Pricing of CNH Industrial Capital Canada Ltd. Cdn$400 million notes

Basildon, March 19, 2024 CNH Industrial N.V. (NYSE: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, has priced $600 million in aggregate principal amount of 5.100% notes due 2029, with an issue price of 99.157%.

Pricing of CNH Industrial Capital LLC $600 million notes

CNH publishes 2024 Annual General Meeting agenda Basildon, March 19, 2024 CNH Industrial (NYSE: CNHI) announced today that it has published its notice of the 2024 Annual General Meeting of Shareholders (“AGM”) and proxy statement. The AGM will be held on May 3, 2024, in Amsterdam, The Netherlands.

CNH publishes 2024 Annual General Meeting agenda

CNH (CNHI) reported earnings 30 days ago. What's next for the stock?

CNH (CNHI) Up 0.7% Since Last Earnings Report: Can It Continue?

CNH Zedelgem: Where big farm machinery meets cutting edge tech Basildon, March 7, 2024 At CNH we deliver customer inspired innovation, integrating great iron and advanced tech. The result: industry leading products that make farming more productive, efficient and profitable.

CNH Zedelgem: Where big farm machinery meets cutting edge tech

Deere and CNH Industrial are the top farming machinery manufacturers, but their stocks have performed differently after earnings reports.

Behind Divergent Stock Movements: Why CNH Industrial Is Outperforming Deere

CF Industries Holdings

Deere (NYSE: DE ) stock has recently fallen following their release of the fourth quarter earnings report that stated total revenue and earnings per share beat analyst estimates. Still, the outlook regarding the first quarter of 2024 fell short of expectations, with net income projected between $7.5 – $7.75 billion and analyst projections of $7.83 billion.

News for CNH Industrial NV Stock (CNHI)