CNH Industrial (NYSE:CNHI) issued an update on its FY19 earnings guidance on Tuesday morning. The company provided EPS guidance of $0.84-0.88 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.86.
Shares of CNHI stock traded up $0.02 during trading hours on Thursday, hitting $8.80. 2,489,800 shares of the company’s stock were exchanged, compared to its average volume of 1,733,253. The stock has a market capitalization of $11.86 billion, a PE ratio of 11.00 and a beta of 1.12. CNH Industrial has a 52 week low of $8.41 and a 52 week high of $12.68. The company has a debt-to-equity ratio of 4.42, a quick ratio of 4.03 and a current ratio of 5.33.
CNH Industrial (NYSE:CNHI) last posted its quarterly earnings results on Tuesday, May 7th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03. The business had revenue of $6.46 billion for the quarter, compared to analysts’ expectations of $6.76 billion. CNH Industrial had a return on equity of 23.01% and a net margin of 3.84%. The firm’s quarterly revenue was down 4.7% compared to the same quarter last year. During the same quarter last year, the business earned $0.14 earnings per share. As a group, analysts forecast that CNH Industrial will post 0.87 earnings per share for the current fiscal year.
CNH Industrial Company Profile
CNH Industrial N.V. designs, produces, markets, sells, and finances agricultural and construction equipment, trucks, commercial vehicles, and buses worldwide. The company operates in five segments: Agricultural Equipment, Construction Equipment, Commercial Vehicles, Powertrain, and Financial Services.
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