CNH Industrial N.V. (CNHI) Tops Q2 EPS by 7c
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CNH Industrial reports strong second quarter performance
July 29, 2022 7:30 AM EDTRecord consolidated revenues of $6,082 million (up 17.5% compared to Q2 2021 for continuing operations, up 20% at constant currency)
Net income of $552 million, Adjusted Net Income of $583 million, with adjusted diluted EPS of $0.43
Adjusted EBIT of Industrial Activities of $654 million (up $82 million compared to Q2 2021)
Free cash flow generation of $404 million (Industrial Activities)
Board approved additional $300 million share buy-back program
Financial results presented under U.S. GAAP
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