Tag: $CNH Industrial

Fourth quarter consolidated revenues increased 6%; full year revenues declined 9% on lower industry equipment demand.

Farm and construction equipment maker CNH Industrial reported second-quarter profit and revenue above Wall Street estimates on Friday, as its ongoing effort to reduce costs helped offset pressures from lower sales and production.

Shares of CNH Industrial fell more than 10% premarket on Friday, after the farm and construction equipment maker missed third-quarter profit estimates and cut its 2024 profit forecast due to weak demand and reduced dealer inventory requirements.

Agriculture and construction machinery maker CNH Industrial reported slightly better-than-expected first-quarter earnings. Sales are slow though, and full-year guidance was trimmed. Despite the cut, its beaten-up shares are rising in early trading.

CNH Industrial , opens new tab reported a higher quarterly profit on Wednesday, boosted by strong prices for its tractors and precision agriculture machinery.