Cnh industrial n.v. reports fourth quarter and full year 2023 results

Fourth quarter net income increased by 4% year-over-year despite consolidated revenue declining by 2% fourth quarter agriculture segment adjusted ebit margin up 40 bps year-over-year to 13.5%; construction up 230 bps to 5.8% full year net income up 17% year-over-year on a 5% increase in consolidated revenue full year diluted eps reaches $1.76; adjusted diluted eps at $1.70 cost reduction programs expected to improve through-cycle margins company announces additional $500 million share buyback program basildon, uk - february 14, 2024 - cnh industrial n.v. (nyse: cnhi) today reported results for the three and twelve months ended december 31, 2023, with q4 2023 net income of $617 million and diluted earnings per share of $0.46 compared with net income of $592 million and diluted earnings per share of $0.43 in q4 2022.
CNHI Ratings Summary
CNHI Quant Ranking