CNH Industrial (NYSE:CNH) Announces Quarterly Earnings Results

CNH Industrial (NYSE:CNH) posted its quarterly earnings data on Thursday. The company reported $0.01 EPS for the quarter, Zacks reports. CNH Industrial had a net margin of 2.82% and a return on equity of 8.90%. The company had revenue of $3.83 billion during the quarter, compared to analyst estimates of $3.71 billion. During the same period in the prior year, the firm earned $0.10 earnings per share. The business’s quarterly revenue was down .1% on a year-over-year basis. CNH Industrial updated its FY 2026 guidance to 0.35-0.45 EPS.

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

• Q1 results were in line with guidance but weak: consolidated revenues of $3.8 billion (flat YoY), adjusted net income of $21M (EPS $0.01), industrial adjusted EBIT loss of $45M, and an industrial free cash flow outflow of $569M.
• Management reaffirmed 2026 targets: industrial net sales flat to down 4%, industrial EBIT margin of 2.5%–3.5%, industrial free cash flow $150M–$350M, and adjusted EPS $0.35–$0.45.
• Tariff changes materially raise headwinds — Section 232 now applies to total unit/component value, leaving Ag roughly net neutral (~210–220 bps drag) but worsening Construction margin impact to ~600 bps, while Section 301 actions remain an unquantified risk.
• Operational discipline and tech initiatives are progressing: production kept low to target a ~$500 million dealer inventory reduction, AI Tech Assist rolled out to ~70% of dealers, and manufacturing projects delivered ~$45M of savings and quality gains.
• South America (notably Brazil) remains a key risk — tight credit, higher fertilizer and transportation costs, elevated delinquencies and higher Financial Services risk costs drove a 28% sales decline in the region and warrant continued caution into H2/2027.

CNH Industrial Stock Up 6.4%

Shares of NYSE:CNH traded up $0.64 during midday trading on Thursday, hitting $10.72. 29,728,514 shares of the stock were exchanged, compared to its average volume of 14,423,123. The company has a debt-to-equity ratio of 3.44, a quick ratio of 11.36 and a current ratio of 13.34. CNH Industrial has a 52-week low of $9.00 and a 52-week high of $14.27. The business’s fifty day simple moving average is $11.05 and its two-hundred day simple moving average is $10.62. The company has a market capitalization of $13.30 billion, a PE ratio of 26.81, a P/E/G ratio of 1.44 and a beta of 1.26.

CNH Industrial Cuts Dividend

The business also recently declared an annual dividend, which will be paid on Friday, May 29th. Stockholders of record on Thursday, May 21st will be paid a $0.10 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a dividend yield of 89.0%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Measured Wealth Private Client Group LLC purchased a new stake in shares of CNH Industrial during the 3rd quarter worth about $29,000. Kestra Advisory Services LLC acquired a new stake in shares of CNH Industrial during the 4th quarter valued at about $34,000. Advisory Services Network LLC bought a new stake in shares of CNH Industrial in the 3rd quarter valued at approximately $37,000. Transamerica Financial Advisors LLC increased its holdings in CNH Industrial by 923.2% in the second quarter. Transamerica Financial Advisors LLC now owns 3,653 shares of the company’s stock worth $47,000 after buying an additional 3,296 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in CNH Industrial by 403.3% in the third quarter. Caitong International Asset Management Co. Ltd now owns 4,872 shares of the company’s stock worth $53,000 after buying an additional 3,904 shares during the last quarter. 59.88% of the stock is owned by institutional investors and hedge funds.

Key CNH Industrial News

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

• Positive Sentiment: Management reaffirmed FY‑2026 adjusted EPS guidance of $0.35–$0.45 and announced a targeted $500M reduction in dealer inventory, a cash/working‑capital focus that should help margins and earnings delivery if executed. CNH reaffirms 2026 adjusted EPS
• Positive Sentiment: Top-line beat: Q1 revenue of $3.83B topped consensus (~$3.71B), suggesting some resilience in parts of the business despite weak agriculture end-market trends. CNH Industrial beats revenue forecasts
• Neutral Sentiment: Q1 results showed EPS of $0.01, roughly in line with estimates (and down from $0.10 a year ago); the company provided slides and an earnings‑call transcript for more color on performance. CNH matches Q1 earnings estimates Earnings call transcript
• Neutral Sentiment: Company reiterated full‑year guidance (0.35–0.45 EPS), which largely tracked analyst expectations — execution on inventory reduction and margins will determine whether guidance is met. First quarter results press release
• Negative Sentiment: Agriculture demand is described as at historic lows, and the Q1 earnings decline underscores the end‑market weakness that could pressure future revenue and margins if it persists. Q1 earnings drop amid weak farm demand
• Negative Sentiment: CNH has contracted police services as a contingency for a potential UAW strike — an operational and reputational risk that could disrupt production and add costs if labor action occurs. CNH contracts for police services

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. DA Davidson boosted their price target on shares of CNH Industrial from $10.00 to $12.00 and gave the company a “neutral” rating in a report on Thursday, February 19th. Truist Financial set a $12.00 price objective on shares of CNH Industrial in a research note on Wednesday, January 14th. Citigroup lifted their price objective on shares of CNH Industrial from $13.00 to $14.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Weiss Ratings raised shares of CNH Industrial from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 2nd. Finally, Barclays increased their target price on CNH Industrial from $11.00 to $12.00 and gave the company an “overweight” rating in a report on Wednesday, April 1st. Six analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $12.88.

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.