Analysts expect that CNH Industrial NV (NYSE:CNHI) will post earnings per share of $0.13 for the current fiscal quarter, Zacks reports. Five analysts have provided estimates for CNH Industrial’s earnings, with estimates ranging from $0.11 to $0.14. CNH Industrial posted earnings of $0.11 per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 18.2%. The company is expected to announce its next earnings report on Tuesday, October 30th.

According to Zacks, analysts expect that CNH Industrial will report full year earnings of $0.73 per share for the current fiscal year, with EPS estimates ranging from $0.70 to $0.77. For the next fiscal year, analysts anticipate that the company will post earnings of $0.88 per share, with EPS estimates ranging from $0.81 to $0.96. Zacks Investment Research’s EPS calculations are a mean average based on a survey of sell-side research firms that cover CNH Industrial.

CNH Industrial (NYSE:CNHI) last issued its quarterly earnings results on Thursday, July 26th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.21 by $0.07. CNH Industrial had a net margin of 2.03% and a return on equity of 20.95%. The firm had revenue of $8.05 billion during the quarter, compared to analyst estimates of $7.50 billion. During the same quarter in the prior year, the business posted $0.19 earnings per share. CNH Industrial’s revenue for the quarter was up 14.9% compared to the same quarter last year.

Several research firms have recently issued reports on CNHI. Stifel Nicolaus dropped their price objective on shares of CNH Industrial from $14.00 to $13.00 and set a “hold” rating for the company in a research report on Monday, July 30th. Zacks Investment Research raised shares of CNH Industrial from a “sell” rating to a “hold” rating and set a $13.00 price objective for the company in a research report on Monday, July 30th. Seaport Global Securities reissued a “buy” rating and issued a $15.00 price objective on shares of CNH Industrial in a research report on Monday, July 23rd. ValuEngine raised shares of CNH Industrial from a “strong sell” rating to a “sell” rating in a research report on Wednesday, July 25th. Finally, TheStreet raised shares of CNH Industrial from a “d+” rating to a “c” rating in a research report on Friday, August 17th. Eight equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $28.85.

Hedge funds have recently made changes to their positions in the company. Harbour Capital Advisors LLC purchased a new position in shares of CNH Industrial in the second quarter valued at $171,000. HPM Partners LLC boosted its stake in shares of CNH Industrial by 72.1% in the second quarter. HPM Partners LLC now owns 17,955 shares of the company’s stock valued at $189,000 after purchasing an additional 7,520 shares during the period. Raymond James Financial Services Advisors Inc. boosted its stake in shares of CNH Industrial by 24.8% in the second quarter. Raymond James Financial Services Advisors Inc. now owns 23,294 shares of the company’s stock valued at $248,000 after purchasing an additional 4,623 shares during the period. First Trust Advisors LP boosted its stake in shares of CNH Industrial by 31.9% in the second quarter. First Trust Advisors LP now owns 23,426 shares of the company’s stock valued at $247,000 after purchasing an additional 5,671 shares during the period. Finally, FNY Investment Advisers LLC purchased a new position in shares of CNH Industrial in the second quarter valued at $315,000. Institutional investors and hedge funds own 18.89% of the company’s stock.

CNHI stock traded down $0.04 on Wednesday, hitting $12.40. 66,534 shares of the company were exchanged, compared to its average volume of 1,154,939. CNH Industrial has a twelve month low of $10.09 and a twelve month high of $15.65. The company has a debt-to-equity ratio of 5.32, a quick ratio of 3.92 and a current ratio of 5.06. The firm has a market capitalization of $17.04 billion, a price-to-earnings ratio of 25.83 and a beta of 1.06.

CNH Industrial Company Profile

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.

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Earnings History and Estimates for CNH Industrial (NYSE:CNHI)

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