CNH Industrial N.V. (NYSE:CNH) shares are trading lower premarket after the company reported fourth-quarter fiscal 2025 results.
Details
The company reported:
- Adjusted earnings of 19 cents per share, beating the consensus of 10 cents per share.
- A revenue spike of 6% year over year (Y/Y) to $5.16 billion, beating analyst estimates of $4.58 billion.
- $945 million in operating cash flow and $817 million in industrial free cash flow absorption.
Segment Performance
Agricultural net sales increased 5% Y/Y to $3.60 billion, driven by price realization and favorable foreign exchange effects.
Meanwhile, Construction net sales rose 19% Y/Y to $853 million, led by higher shipment volumes and favorable price realization in North America.
However, Financial Services revenue fell 6% Y/Y to $700 million, driven by lower yields, lower average portfolio balances across all regions (except APAC), and weak equipment sales.
Management Commentary
“We continued reducing dealer …