CNH Industrial NV
CNH: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| hF> | LOCK|!Thw! | LOCK|J?^D%!M |
CNH Industrial Earnings: JV Formed for Construction Equipment and Path to Pure Play in Ag Equipment
CNH Industrial reported flat third-quarter sales of $4.4 billion amid ongoing weakness in global agricultural markets, but adjusted net income of $205 million ($0.16 EPS), up from $109 million last year. CNH announced a joint venture with Kobelco Construction Machinery and will retain a 30% stake.
