CNH Industrial Q2 Adj. EPS $0.52 Beats $0.48 Estimate, Sales $6.57B Beat $6.44B Estimate
Portfolio Pulse from Bill Haddad
CNH Industrial reported Q2 earnings of $0.52 per share, beating the analyst consensus estimate of $0.48 by 8.33%. This is a 20.93% increase over earnings of $0.43 per share from the same period last year. The company also reported quarterly sales of $6.57 billion, beating the analyst consensus estimate of $6.44 billion by 1.97%. This is a 7.97% increase over sales of $6.08 billion the same period last year.
July 28, 2023 | 11:31 am
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CNH Industrial's Q2 earnings and sales beat analyst estimates, showing a significant YoY increase. This could potentially lead to a positive market reaction.
CNH Industrial reported better than expected Q2 results, with both earnings and sales beating analyst estimates. This indicates strong performance and could potentially lead to a positive market reaction, increasing the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100