CNH Industrial (NYSE:CNHI) issued an update on its FY19 earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.84-0.88 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.86.
CNHI stock opened at $10.11 on Thursday. The business’s 50-day simple moving average is $10.24. The company has a current ratio of 5.33, a quick ratio of 4.03 and a debt-to-equity ratio of 4.42. The company has a market capitalization of $14.01 billion, a price-to-earnings ratio of 12.64 and a beta of 1.38. CNH Industrial has a 1-year low of $8.41 and a 1-year high of $12.68.
CNH Industrial (NYSE:CNHI) last posted its earnings results on Tuesday, May 7th. The company reported $0.18 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.15 by $0.03. The firm had revenue of $6.46 billion for the quarter, compared to analyst estimates of $6.76 billion. CNH Industrial had a return on equity of 23.01% and a net margin of 3.84%. The company’s revenue for the quarter was down 4.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.14 earnings per share. On average, sell-side analysts expect that CNH Industrial will post 0.86 earnings per share for the current 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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