CNH Industrial ( (CNH) ) has provided an announcement.
Don't Miss out on Research Tools:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
CNH Industrial N.V. reported a challenging third quarter in 2024, with a 22% drop in revenue due to lower industry demand and high dealer inventory levels. Earnings per share fell to $0.24 from $0.40 year-over-year, reflecting reduced shipment volumes in agriculture and construction. The company is actively working on cost-saving measures and production adjustments while investing in technology to counter market headwinds. Despite the tough market environment, CNH remains committed to long-term strategic goals and efficiency improvements.
For detailed information about CNH stock, go to TipRanks’ Stock Analysis page.
