A Look Ahead: CNH Industrial's Earnings Forecast

CNH Industrial CNH is gearing up to announce its quarterly earnings on Friday, 2024-11-08. Here's a quick overview of what investors should know before the release.

Analysts are estimating that CNH Industrial will report an earnings per share (EPS) of $0.28.

CNH Industrial bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

During the last quarter, the company reported an EPS missed by $0.00, leading to a 5.35% drop in the share price on the subsequent day.

Here's a look at CNH Industrial's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.38 0.26 0.42 0.41
EPS Actual 0.38 0.33 0.42 0.42
Price Change % -5.0% -2.0% -2.0% 1.0%

eps graph

CNH Industrial Share Price Analysis

Shares of CNH Industrial were trading at $11.58 as of November 06. Over the last 52-week period, shares are up 16.06%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for CNH Industrial visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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