CNH Industrial N.V. (NYSE:CNHI) is set to announce third quarter earning results on Thursday 5th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, CNHI to report 3Q20 income of $ 0.02 per share.
For the full year, analysts anticipate top line of $ 22414.80 million, while looking forward to loss of $ 0.03 per share bottom line.
The Company Outlook
Full Year 2020 bottomline are predicted in a range of $ 0.78 ~ $ 0.86 per share
Click Here For More Historical Outlooks Of CNH Industrial N.V.
Previous Quarter Performance
CNH Industrial N.V. posted loss for the second quarter of $ 0.07 per share, from the revenue of $ 5,578.00 million. The quarterly revenues dropped 21.08 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.10 per share from $ 4194.71 million in revenue. The bottom line results beat street analysts by $ 0.03 or 30.00 percent, at the same time, top line results outshined analysts by $ 1,383.29 million or 32.98 percent.
Stock Performance
Shares of CNH Industrial N.V. traded up $ 0.03 or 0.35 percent on Wednesday, reaching $ 8.58 with volume of 2.25 million shares. CNH Industrial N.V. has traded high as $ 8.68 and has cracked $ 8.47 on the downward trend
The closing price of $ 8.58, representing a 68.97 % increase from the 52 week low of $ 5.06 and a 24.4 % decrease over the 52 week high of $ 11.31.
The company has a market capital of $ 11.59 billion and is part of the Industrials sector and Farm & Construction Equipment industry.
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.
