CNH Industrial Reports Q3 Earnings and Revenue Results

CNH Industrial has announced its financial results for the third quarter, revealing an earnings per share (EPS) of 24 cents, which falls short of the anticipated 27 cents consensus. However, the company reported revenues of $4.65 billion, surpassing the expected $4.58 billion. The company is navigating challenging market conditions, particularly affecting farmers worldwide, and is taking strategic actions to advance its transformation journey. CNH is focusing on enhancing operational efficiency and customer responsiveness. Despite these efforts, dealer inventories remain high, necessitating further alignment with retail demand. The company is adjusting production levels and investing in technology and quality improvements to secure its long-term industry leadership. CNH plans to provide more insights into its strategic direction during its investor day scheduled for May 8, 2025.