AP NEWS
ADVERTISEMENT
Related topics

CNH: 3Q Earnings Snapshot

November 6, 2019 GMT

LONDON (AP) _ CNH Industrial NV (CNHI) on Wednesday reported third-quarter earnings of $637 million.

The London-based company said it had profit of 47 cents per share. Earnings, adjusted for non-recurring gains, came to 16 cents per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 16 cents per share.

The truck, tractor and bus maker posted revenue of $6.36 billion in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $6.51 billion.

ADVERTISEMENT

CNH shares have risen 26% since the beginning of the year. The stock has climbed 9% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNHI at https://www.zacks.com/ap/CNHI