CNH

Deere & Company DE reported second-quarter fiscal 2026 (ended May 3, 2026) earnings of $6.55 per share, beating the Zacks Consensus Estimate of $5.81. However, the bottom line fell 1.4% from the prior-year quarter. Net sales from Deere’s equipment operations were $11.78 billion in second-quarter fiscal 2026, up 5.4% from the year-ago quarter’s $11.17 billion, reflecting solid execution in Small Ag & Turf and Construction & Forestry. The top-line beat the Zacks Consensus Estimate of $11.44 billion. Total net sales and revenues (including Financial Services and other income) rose 5% year over year to $13.37 billion. Top-line growth was driven by higher shipment volumes and favorable currency translation in key segments, partly offset by softer Production & Precision Ag volumes and higher production costs. Deere & Company price-consensus-eps-surprise-chart | Deere & Company Quote On a consolidated basis, cost of sales increased 8.6% year over year to $8.27 billion, outpacing the 5% rise in net sales. Research and development expenses grew 6.2% to $583 million, while selling, administrative and general expenses inched up 1% to $1.21 billion.Total operating profit decreased 3.1% year over year to $2.237 billion. The Production & Precision Agriculture segment’s net sales declined 14% year over year to $4.50 billion due to lower shipment volumes, partially offset by favorable foreign currency translation. Segment operating profit fell 39% from the year-ago quarter to $706 million, reflecting lower shipment volumes and higher production costs, partially offset by favorable foreign currency exchange.Small Agriculture & Turf net sales increased 16% year over year to $3.49 billion on higher shipment volumes and favorable foreign currency translation. Operating profit rose 25% year over year to $719 million, driven mainly by higher shipment volumes and favorable price realization.Construction & Forestry net sales were $3.79 billion, up 29% year over year, primarily on higher shipment volumes and favorable foreign currency translation. Operating profit improved 48% year over year to $561 million, aided by higher shipment volumes and favorable price realization, partially offset by higher production costs.Revenues in Deere’s Financial Services division were $1.37 billion in the quarter, down 1% year over year. The segment’s operating profit increased 21% year over year to...

For its fiscal second quarter, Deere reports earnings per share of $6.55. Wall Street was looking for $5.70.

Deere & Company DE is scheduled to report second-quarter fiscal 2026 results on May 21 before the opening bell.The Zacks Consensus Estimate for Deere’s earnings has been unchanged over the past 60 days at $5.81 per share. The consensus mark implies a 12.5% plunge from the year-ago actual. The consensus estimate for revenues is pegged at $11.4 billion, indicating a 2.3% year-over-year increase. Image Source: Zacks Investment Research Deere’s earnings beat the Zacks Consensus Estimates in three of the trailing four quarters and missed in one, the average surprise being 11.2%. Image Source: Zacks Investment Research Our model does not predict an earnings beat for DE this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is not the case here.Earnings ESP: The Earnings ESP for Deere is -8.26%. You can uncover the best stocks before they are reported with our Earnings ESP Filter.Zacks Rank: Deere currently has a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Deere has been facing challenges due to weak farmer spending amid low commodity prices. In the wake of challenging conditions in the global agricultural and construction sectors, DE has been aligning its production with demand levels. This is likely to have weighed on the company’s fiscal second-quarter performance. High production expenses are also likely to have impacted the company’s margin in the quarter.Nevertheless, favorable price realization is expected to have negated some of these headwinds, as seen in the fiscal first quarter. The Zacks Consensus Estimate for the Production & Precision Agriculture segment’s revenues is pegged at $4.51 billion for the fiscal second quarter, suggesting a year-over-year decrease of 13.7%. Gains from price realization are likely to have been offset by escalated production expenses and lower shipment volumes. The Zacks Consensus Estimate for the segment’s operating profit is pegged at $719 million, indicating a 37.6% decrease from the prior-year quarter’s reported figure.The consensus estimate for the Small Agriculture & Turf segment’s revenues is pegged at $3.42 billion for the fiscal second quarter, implying a 14% increase from the prior-year quarter’s actual. The segment’s operating profit is estimated at $596 million, s...

Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. CNH Industrial (NYSE:CNH) held its 2026 Annual General Meeting, where shareholders approved the 2025 financial statements. The company declared a cash dividend and confirmed changes to its board through reappointments and new additions. CNH Industrial also released its 2025 Sustainability Report, detailing environmental and social outcomes, priorities, and targets. For investors tracking CNH Industrial at a share price of $10.76, the recent AGM offers additional detail on how the company is being run and how capital is being returned to shareholders. The stock is up 15.1% year to date, while returns over the past 1 year, 3 years, and 5 years have declined 17.8%, 17.9%, and 16.7% respectively. These updates may help you reassess how the current governance and capital decisions align with that record. The new dividend, refreshed board, and 2025 Sustainability Report provide a clearer picture of how CNH Industrial is setting priorities for the coming years. Investors can use these developments to evaluate whether the company’s approach to governance, cash distribution, and environmental and social commitments is consistent with their own expectations and risk tolerance. Stay updated on the most important news stories for CNH Industrial by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on CNH Industrial. Is CNH Industrial's dividend sustainable? Check out what every dividend investor needs to know in our dividend analysis. The approved US$0.10 per share dividend comes at a time when CNH Industrial’s profits are under pressure, with Q1 2026 net income at US$7 million versus US$131 million a year earlier and earnings per share at US$0.01. With sales and revenue broadly flat year on year, this payout signals management’s willingness to keep returning cash even as margins tighten. For you as an investor, the key questions are how this dividend compares with CNH Industrial’s own history and how comfortably it sits on current earnings and cash flow. The renewed buyback authority and continued investment in precision technology, automation, and alternative fuels suggest capital is being split between shareholder returns and long term projects. At the same time, analyst do...

CNH's 2025 Sustainability Report Key 2025 Figures from CNH CNH announces voting results of 2026 Annual General Meeting and publishes 2025 Sustainability Report Basildon, May 8, 2026 CNH Industrial N.V. (NYSE: CNH) today held its 2026 Annual General Meeting (2026 AGM) of shareholders. Among the voting items, shareholders voted to re-appoint Suzanne Heywood and Gerrit Marx as executive directors; re-appoint Elizabeth Bastoni, Howard W. Buffett, Karen Linehan, Alessandro Nasi, and Vagn Sørensen as non-executive directors; and appoint Richard Palmer and Lorenzo Simonelli as non-executive directors. Shareholders approved the Company’s 2025 financial statements prepared under IFRS. Shareholders also approved a dividend in cash of $0.10 per outstanding common share, totaling approximately $124.2 million. The dividend will be paid on May 29, 2026, to shareholders of record on May 21, 2026. Shareholders holding CNH common shares deposited in Monte Titoli on the record date will receive the dividend in Euro at the official EUR/USD exchange rate of May 21, 2026 reported by the European Central Bank. Details on all other proposals voted on by shareholders at the 2026 AGM are available on the Company's website (investors.cnh.com/events-and-presentations/shareholder-meetings). *** Concurrently with the 2026 AGM, the Company published its 2025 Sustainability Report. It includes CNH’s sustainability priorities, related strategic targets, and the main results achieved throughout 2025. To consult the Report online, visit: www.cnh.com/-/media/CNHi/cnhicorporate/Sustainability/sustainability_reports/docs/CNH_Sustainability_2025_0605-Final.pdf CNH Industrial (NYSE: CNH) is a world-class equipment, technology and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company’s regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision...

The subdued market reaction suggests that CNH Industrial N.V.'s (NYSE:CNH) recent earnings didn't contain any surprises. However, we believe that investors should be aware of some underlying factors which may be of concern. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Importantly, our data indicates that CNH Industrial's profit received a boost of US$63m in unusual items, over the last year. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. We ran the numbers on most publicly listed companies worldwide, and it's very common for unusual items to be once-off in nature. And, after all, that's exactly what the accounting terminology implies. If CNH Industrial doesn't see that contribution repeat, then all else being equal we'd expect its profit to drop over the current year. That might leave you wondering what analysts are forecasting in terms of future profitability. Luckily, you can click here to see an interactive graph depicting future profitability, based on their estimates. Arguably, CNH Industrial's statutory earnings have been distorted by unusual items boosting profit. Therefore, it seems possible to us that CNH Industrial's true underlying earnings power is actually less than its statutory profit. Sadly, its EPS was down over the last twelve months. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. So while earnings quality is important, it's equally important to consider the risks facing CNH Industrial at this point in time. To that end, you should learn about the 2 warning signs we've spotted with CNH Industrial (including 1 which is potentially serious). Today we've zoomed in on a single data point to better understand the nature of CNH Industrial's profit. But there is always more to discover if you are capable of focussing your mind on minutiae. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity,...

CNH Industrial N.V. CNH delivered first-quarter 2026 earnings of a penny per share, down 90% year over year. The result was in line with the Zacks Consensus Estimate. Revenues were $3.83 billion, down 0.1% from the year-ago quarter. The top line beat the consensus estimate of $3.78 billion by 1.11%, aided by favorable currency impacts and pricing actions. The company’s net sales from industrial activities were $3.17 billion, flat year over year. CNH Industrial N.V. price-consensus-eps-surprise-chart | CNH Industrial N.V. Quote Agriculture net sales totaled $2.60 billion, up 1% year over year. The improvement reflected favorable foreign exchange impacts and price realization, partially offset by lower volumes across regions outside EMEA. Profitability weakened meaningfully. Agriculture adjusted EBIT fell to $27 million from $139 million a year ago, and the adjusted EBIT margin contracted to 1% from 5.4%, pressured by tariffs, higher SG&A and R&D, and lower joint venture results, despite the benefit of pricing. Construction net sales declined 3% year over year to $574 million, due to lower volumes in South America and North America. Industry demand was higher year over year for both heavy and light equipment, but CNH’s quarterly sales did not fully convert that backdrop. The segment posted an adjusted EBIT loss of $28 million versus a $14 million profit a year ago, and the adjusted EBIT margin moved to negative 4.9% from a positive 2.4%. Tariff impacts and higher SG&A were the main drags. Financial Services revenues edged down 1% year over year to $646 million. The decline was tied to lower volumes across most regions, fewer operating lease maturities that reduced equipment sales, and lower yields in EMEA, partly offset by favorable currency translation and higher yields in South America and North America. Segment net income decreased to $74 million from $90 million, largely due to higher risk costs in Brazil. Retail loan originations were $2.15 billion in the quarter, and the managed portfolio ended at $28 billion, flat year over year, with delinquency levels higher than the prior-year period. CNH generated $35 million of net cash from operating activities in the quarter, down from $162 million a year ago. The working-capital build was notable, with inventories rising versus year-end levels, consistent with the company’s seasonality and production planning. C...

CNH reported Q1 revenue of $3.8 billion (flat YoY) with an industrial adjusted EBIT loss of $45 million, adjusted EPS of $0.01 and a $569 million industrial free cash flow outflow, and management reaffirmed full‑year 2026 guidance including industrial net sales flat to down 4%, industrial EBIT margin 2.5%–3.5%, and adjusted EPS $0.35–$0.45. The agriculture segment showed sharp regional divergence—EMEA up while North America and South America were down (South America down ~28%)—and profitability weakened with agriculture adjusted EBIT margin falling to about 1% from 5.4% due to negative mix, tariffs and higher R&D/SG&A. Changes to tariff application materially raised costs (CNH expects roughly a 210–220 bps drag on ag margins and ~600 bps on construction), while the company is keeping production deliberately low to reduce dealer inventories, says Q2 order books are full and expects sequential margin improvement in H2 2026. Interested in CNH Industrial N.V.? Here are five stocks we like better. 4 Catalysts Poised to Push Caterpillar Stock to Record Highs CNH Industrial (NYSE:CNH) reported first-quarter 2026 results that management said were “as expected and guided,” as the company navigated what CEO Gerrit Marx described as historically low North American agriculture demand and ongoing financial challenges for farmers in Brazil. Executives also pointed to added complications during the quarter from changing tariff rules and an escalated conflict in the Middle East. On the call, Marx said the company is “now passing through what we expect to be the lowest period of the current ag industry cycle,” and reiterated expectations that the first quarter would be the lowest quarter of 2026. He emphasized CNH’s disciplined production approach to reduce dealer inventory and manage a weak demand backdrop. → Corning Beats Q1 Estimates but Drops 9% on Guidance Miss The 8 best agricultural ETFs to consider for your portfolio CNH posted consolidated revenues of $3.8 billion, which Marx said were flat year-over-year and included about 4% positive currency impacts. Industrial adjusted EBIT was a loss of $45 million, which Marx attributed primarily to tariffs and higher G&A and R&D expenses, “only partially offset by positive pricing and cost savings actions.” Adjusted net income was $21 million, and adjusted EPS was $0.01. Free cash flow from industrial activities was a $569 mi...

Management characterizes Q1 2026 as the expected lowest period of the current agriculture industry cycle, driven by historically low demand in North America and financial challenges for Brazilian farmers. The company maintained low production levels to contain channel inventory, aiming for a $500 million reduction in dealer inventory for the full year to alleviate dealer financial burdens. Agriculture segment performance was supported by positive net price and product cost realization, despite headwinds from tariffs and global supply chain disruptions. Strategic focus remains on operational excellence, exemplified by manufacturing projects like the Fargo plant's fiber laser installation which increased processing speed by 52%. The company is accelerating dealer network optimization and multi-brand consolidation, particularly in Europe, to drive market share gains and long-term commercial excellence. Management noted that while commodity prices remain below breakeven for many farmers, an aging equipment fleet in North America and Europe is expected to build modest replacement demand. In South America, CNH is applying extra discipline to order intake and underwriting standards due to elevated market risk from tighter credit and delayed government financing. Full-year 2026 guidance is reaffirmed, assuming the industry remains at approximately 80% of mid-cycle demand levels. Management expects margins in the second half of 2026 to be sequentially better than the first half and improved on a year-over-year basis. The company plans to underproduce relative to retail demand by approximately 4% in 2026, creating a potential natural tailwind for 2027 if production returns to retail levels. Guidance assumes a net neutral impact from recent Section 232 tariff changes in Agriculture, though Construction faces an increased margin headwind of 600 basis points. The outlook for 2027 remains cautious but constructive, with expectations that replacement demand and greater geopolitical certainty post-elections will provide a market floor. A supplier quality issue in the Construction segment delayed North American sales in Q1; these are expected to be recovered in Q2. The company took a minority equity stake in Abilene Machine to expand its aftermarket parts portfolio, targeting the growing market for older equipment fleets. Potential Section 301 tariff investigations regarding...

For the quarter ended March 2026, CNH Industrial (CNH) reported revenue of $3.83 billion, down 0.1% over the same period last year. EPS came in at $0.01, compared to $0.10 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $3.78 billion, representing a surprise of +1.11%. The company delivered an EPS surprise of +13.64%, with the consensus EPS estimate being $0.01. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how CNH performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Net Sales: $3.17 billion compared to the $3.12 billion average estimate based on six analysts. The reported number represents a change of -0.1% year over year. Revenues- Finance, interest and other income: $656 million versus the five-analyst average estimate of $652.27 million. The reported number represents a year-over-year change of 0%. Revenues- Total Industrial Activities: $3.2 billion versus $3.1 billion estimated by four analysts on average. Compared to the year-ago quarter, this number represents a 0% change. Revenues- Total Industrial Activities- Construction: $574 million versus the four-analyst average estimate of $621.78 million. The reported number represents a year-over-year change of -2.9%. Revenues- Total Industrial Activities- Agriculture: $2.6 billion versus the four-analyst average estimate of $2.48 billion. The reported number represents a year-over-year change of +0.6%. Revenues- Financial Services: $646 million versus $619.3 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -0.8% change. Adjusted EBIT- Industrial Activities- Agriculture: $27 million compared to the $24.52 million average estimate based on four analysts. Adjusted EBIT- Industrial Activities- Construction: $-28 million versus the four-analyst average estimate of $-8.28 million. Adjusted EBIT- Industria...

CNH Industrial (CNH) came out with quarterly earnings of $0.01 per share, in line with the Zacks Consensus Estimate . This compares to earnings of $0.1 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +13.64%. A quarter ago, it was expected that this truck, tractor and bus maker would post earnings of $0.11 per share when it actually produced earnings of $0.19, delivering a surprise of +72.73%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. CNH, which belongs to the Zacks Manufacturing - Farm Equipment industry, posted revenues of $3.83 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.11%. This compares to year-ago revenues of $3.83 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. CNH shares have added about 9.3% since the beginning of the year versus the S&P 500's gain of 4.2%. While CNH has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for CNH was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It...

CNH Industrial NV (CNH) reported Q1 adjusted earnings Thursday of $0.01 per diluted share, down from