CNH Industrial (NYSE:CNH) Issues Earnings Results, Beats Estimates By $0.02 EPS

CNH Industrial (NYSE:CNH) released its quarterly earnings data on Monday. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.02, FiscalAI reports. The firm had revenue of $4.80 billion for the quarter, compared to analysts’ expectations of $4.77 billion. CNH Industrial had a return on equity of 7.48% and a net margin of 2.13%.The firm’s quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.17 earnings per share. CNH Industrial updated its FY 2026 guidance to 0.410-0.460 EPS.

Here are the key takeaways from CNH Industrial’s conference call:

• Agriculture remains in a difficult cycle: CNH expects an “L-shaped” recovery, with 2027 retail demand broadly flat as replacement demand offsets weak farm profitability, commodity prices, and elevated input costs.
• CNH raised 2026 construction sales guidance to 5%–10% growth, supported by strong North American demand and infrastructure-related activity, while expecting construction EBIT margins to improve to 1.8%–2.3%.
• Second-quarter profitability deteriorated despite modest revenue growth, with industrial adjusted EBIT margin falling to 3.5% from 5.4% a year earlier; tariffs, unfavorable product mix, and weaker South American demand remained significant headwinds.
• Management reaffirmed progress on cost and operational initiatives, including strategic sourcing expected to deliver 100–150 basis points of margin improvement by 2030, alongside quality, manufacturing-efficiency, and dealer-consolidation efforts.
• Financial-services net income declined amid margin compression and higher risk costs in Brazil, while delinquencies rose year over year to 4.4%; management identified South America’s credit environment as an ongoing risk.

CNH Industrial Stock Performance

NYSE:CNH opened at $10.82 on Tuesday. The business’s fifty day moving average price is $10.61 and its 200 day moving average price is $10.95. The firm has a market capitalization of $13.42 billion, a PE ratio of 34.92, a price-to-earnings-growth ratio of 1.96 and a beta of 1.14. CNH Industrial has a 12 month low of $9.00 and a 12 month high of $13.31. The company has a debt-to-equity ratio of 3.32, a current ratio of 12.27 and a quick ratio of 10.17.

Key Headlines Impacting CNH Industrial

Here are the key news stories impacting CNH Industrial this week:

• Positive Sentiment: CNH reported adjusted diluted EPS of $0.13, ahead of the $0.11 consensus estimate, while revenue rose 2% year over year to $4.8 billion, slightly exceeding expectations. CNH Industrial Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Management now expects 2026 adjusted EPS of $0.41 to $0.46, indicating results should be at the higher end of previous guidance and above the $0.41 consensus midpoint expectation. The company also forecasts flat Agriculture sales, 5%–10% Construction sales growth and $200 million–$400 million of industrial free cash flow. CNH Industrial Outlook Improves
• Positive Sentiment: Construction revenue increased 12% to $866 million, supported by stronger volumes and shipments delayed from the first quarter. CNH also returned approximately $200 million to shareholders through dividends and share repurchases. CNH Industrial Reports Second Quarter 2026 Results
• Neutral Sentiment: Management said Agriculture remains at the trough of its cycle, but cited dealer inventory normalization, aging equipment fleets and improving new-versus-used equipment pricing as potential signs of a future recovery. CNH Industrial Q2 2026 Earnings Call Transcript
• Negative Sentiment: Underlying profitability weakened considerably: reported net income fell 35% to $141 million, adjusted industrial EBIT declined 25% and the industrial EBIT margin contracted to 4.0% from 5.6%. Agriculture EBIT dropped 35%, while Construction EBIT fell 57%, pressured by tariffs, weaker volumes, unfavorable product mix and higher expenses. CNH Industrial Reports Revenue Growth and Narrows Outlook
• Negative Sentiment: Industrial free cash flow was $150 million in the quarter, down from $451 million a year earlier, while year-to-date industrial free cash flow was negative $439 million. Financial Services also reported lower revenue and net income, with overdue receivables rising in part because of pressure on farmers in South America.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. AQR Capital Management LLC raised its holdings in shares of CNH Industrial by 395.2% in the fourth quarter. AQR Capital Management LLC now owns 17,308,839 shares of the company’s stock valued at $159,587,000 after buying an additional 13,813,670 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in CNH Industrial in the 4th quarter valued at $89,964,000. Dimensional Fund Advisors LP increased its stake in CNH Industrial by 45.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 26,824,753 shares of the company’s stock valued at $247,338,000 after buying an additional 8,332,615 shares during the period. Millennium Management LLC raised its position in CNH Industrial by 180.9% during the 4th quarter. Millennium Management LLC now owns 6,825,862 shares of the company’s stock worth $62,934,000 after buying an additional 4,395,896 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its position in CNH Industrial by 17.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 26,070,783 shares of the company’s stock worth $282,868,000 after buying an additional 3,841,999 shares during the last quarter. Institutional investors and hedge funds own 59.88% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on CNH shares. BMO Capital Markets lifted their target price on CNH Industrial from $11.00 to $12.00 and gave the company a “market perform” rating in a research report on Tuesday. DA Davidson reissued a “neutral” rating and set a $12.00 price objective on shares of CNH Industrial in a research report on Monday, May 4th. Truist Financial set a $16.00 price objective on shares of CNH Industrial in a report on Friday, May 1st. The Goldman Sachs Group cut shares of CNH Industrial from a “buy” rating to a “neutral” rating and decreased their target price for the company from $12.00 to $10.50 in a research report on Monday, May 11th. Finally, Weiss Ratings raised shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 29th. Six equities research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, CNH Industrial currently has a consensus rating of “Hold” and an average price target of $12.72.

CNH Industrial Company Profile

CNH Industrial N.V. is a global capital goods company specializing in the design, production and sale of agricultural and construction equipment, commercial vehicles and powertrain solutions. The firm operates through five core brands—Case IH and New Holland for agricultural machinery, Case and New Holland for construction equipment, Iveco for light, medium and heavy commercial vehicles, and FPT Industrial for engines and drivetrain components. Established in 2013 through the combination of Fiat Industrial and CNH Global, the company draws on a rich heritage of innovation dating back to pioneering landmarks in farm and construction machinery from the 19th century.

The company’s product portfolio encompasses tractors, combines, balers, excavators, backhoe loaders, trucks, vans and bespoke engines for marine, automotive and industrial markets.