(NDAgConnection.com) – CNH Industrial N.V. reported upside earnings and revenues for the previous quarter. The company’s earnings came in at an EPS of $0.41 per share, 28.00% higher than estimates for an EPS of $0.32 per share. Earnings are up 21% since reporting $0.34 per share in the same period a year ago.
Revenues were upbeat at $5.9 billion. That is an increase of 23.81% in revenues from the year-ago report and is 12.02% higher than consensus estimates set at $5.3 billion. The stock is up 5.95% to $14.25 after the report.
CNH Industrial N.V. has been a strong performer over the past few months, garnering a high Long-Term Technical Rank by Investors Observer of 81, putting CNH Industrial N.V. in the top 25% of stocks. The firm set a 52-week low on July 14, 2022 at $10.6 and set a 52-week high on December 27, 2021 at $17.21.
CNH Industrial is a global manufacturer of heavy machinery, with a range of products including agricultural and construction equipment. One of its most recognizable brands, Case IH, has served farmers for generations. Its products are available through a robust dealer network, Commercial and Specialty Vehicles which includes over 5,000 dealer and distribution locations globally.