CNH Industrial (NYSE:CNH) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

CNH Industrial (NYSE:CNH) announced its quarterly earnings results on Monday. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.10 by $0.06, FiscalAI reports. The firm had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.52 billion. CNH Industrial had a return on equity of 6.78% and a net margin of 1.71%. The company’s quarterly revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.08 earnings per share. CNH Industrial updated its FY 2026 guidance to 0.440-0.480 EPS.

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

• CNH agreed to put its construction business into a joint venture with Kobelco. Kobelco will own 70%, with CNH retaining 30% and expecting about $700 million in cash proceeds to reduce debt; the deal is expected to improve margins and sharpen CNH’s agriculture focus, with closing targeted by the end of 2027.
• Third-quarter industrial net sales were roughly flat year over year, while adjusted industrial EBIT rose 94% to $202 million and adjusted margin increased to 5.5%. Results included $71 million in net tariff-refund benefits; Financial Services reported a $77 million loss, mainly due to a $156 million non-cash valuation allowance related to Brazil.
• CNH raised its 2026 adjusted diluted EPS outlook to $0.44–$0.48 from $0.41–$0.46 and industrial free cash flow guidance to $300–$450 million from $200–$400 million. It expects industrial net sales to rise about 2% year over year.
• Management said 2026 is likely the trough for North American agriculture, citing dealer inventory reductions and model-year 2027 early-order uptake of roughly 15%–20%. However, it cautioned that farmer profitability remains pressured and EMEA and South America continue to face difficult conditions, with a broader recovery uncertain.

CNH Industrial Trading Up 10.8%

CNH Industrial stock opened at $12.81 on Tuesday. CNH Industrial has a 52-week low of $9.12 and a 52-week high of $14.46. The company has a market cap of $15.85 billion, a P/E ratio of 51.23 and a beta of 1.23. The company has a quick ratio of 10.16, a current ratio of 12.23 and a debt-to-equity ratio of 3.33. The business has a 50-day simple moving average of $12.57 and a two-hundred day simple moving average of $11.36.

CNH Industrial News Summary

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

• Positive Sentiment: Robert W. Baird raised its price target to $16 from $15 and maintained an “outperform” rating, signaling confidence in the shares. Robert W. Baird ratings
• Positive Sentiment: CNH reported third-quarter adjusted EPS of $0.16, above the $0.10 consensus and up from $0.08 a year earlier. It also set 2026 EPS guidance of $0.44–$0.48, around the $0.45 analyst estimate. CNH third-quarter results
• Positive Sentiment: The company agreed to sell a 70% interest in its construction equipment business to Kobelco for $700 million, forming a joint venture and sharpening its focus on agricultural equipment. The deal is targeted to close by the end of 2027. Kobelco transaction announcement
• Positive Sentiment: CNH outlined 2026 industrial free cash flow of $300 million–$450 million, providing investors with a cash-generation target. Free cash flow outlook
• Neutral Sentiment: New Holland showcased its Italian tractor heritage and refreshed T7 models at EIMA 2026; the announcements provide product visibility but no immediate financial impact was specified. New Holland T7 announcement
• Negative Sentiment: Third-quarter revenue of about $4.35 billion missed the $4.52 billion estimate and was down 1% year over year. A separate report said net income fell to $35 million, tempering the EPS beat. Q3 net income report

Analysts Set New Price Targets

A number of brokerages have weighed in on CNH. BMO Capital Markets boosted their target price on CNH Industrial from $11.00 to $12.00 and gave the stock a “market perform” rating in a research report on Tuesday, August 4th. Citigroup raised their price target on shares of CNH Industrial from $12.00 to $13.00 and gave the company a “buy” rating in a report on Tuesday, August 4th. Evercore upgraded shares of CNH Industrial from an “in-line” rating to an “outperform” rating and set a $18.00 price target for the company in a research note on Wednesday, September 2nd. Sanford C. Bernstein reissued a “market perform” rating on shares of CNH Industrial in a report on Tuesday, August 4th. Finally, DA Davidson reissued a “neutral” rating and set a $12.00 price objective on shares of CNH Industrial in a report on Wednesday, August 19th. Eight research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $13.75.

About CNH Industrial

CNH Industrial is a global manufacturer of agricultural and construction equipment. Its agricultural brands include Case IH, New Holland Agriculture and STEYR, which offer products such as tractors, combines, harvesters, sprayers and hay tools. Its construction equipment brands include CASE Construction Equipment and New Holland Construction, with machinery such as excavators, loaders and graders.

The company also provides parts, equipment support and precision technology designed to help customers manage machinery and improve productivity.