CNH Industrial N.V. (NYSE:CNHI) reported Q2 EPS of $0.43, $0.07 better than the analyst estimate of $0.36. Revenue for the quarter came in at $6.1 billion versus the consensus estimate of $5.46 billion.
2022 Outlook:
The Company is substantially confirming the following 2022 outlook for its Industrial Activities:
- Net sales(5) up between 12% and 14% year on year including currency translation effects
- SG&A expenses lower or equal to 7.5% of net sales
- Free cash flow in excess of $1.0 billion
- R&D expenses and capital expenditures at around $1.4 billion