iHub News
1月前
CNH Industrial beats revenue forecasts amid weak agriculture demandApril 30, 2026 8:41 AM
IH Market News
Shares of CNH Industrial N.V. (NYSE:CNH) rose 1.59% in premarket trading on Thursday after the company reported first-quarter results that came in ahead of expectations, despite ongoing weakness in the agricultural sector.The group posted adjusted earnings per share of $0.01, in line with analyst forecasts, while revenue reached $3.83 billion, exceeding the $3.71 billion consensus estimate by about 3%.Net income totaled $10 million, or $0.01 per diluted share, compared with $132 million, or $0.10 per share, in the same quarter last year. Adjusted net income came in at $21 million, marking an 84% year-over-year decline.Revenue remained broadly flat compared with a year earlier at $3.83 billion, despite a 4% negative impact from currency movements.The quarter reflected historically weak demand for agricultural equipment in North America, with sales of tractors above 140 horsepower down 27% and combine harvesters declining 6% in the region.“While the first quarter reflected historically low North American agricultural equipment demand, a complex trade environment, and ongoing challenges in Brazil, our performance was consistent with expectations,” said CEO Gerrit Marx. “The team stayed disciplined by managing production carefully, holding channel inventories steady, and delivering positive price and product cost performance through operational efficiency and quality improvements.”The Agriculture segment reported net sales of $2.60 billion, up 1% year-over-year, though its adjusted EBIT margin narrowed to 1.0% from 5.4% a year earlier, pressured by lower volumes, tariff effects, and higher costs. The Construction segment saw sales decline 3% to $574 million, with its adjusted EBIT margin falling to -4.9% from 2.4%.CNH reiterated its full-year 2026 guidance, forecasting adjusted diluted EPS between $0.35 and $0.45. The midpoint of $0.40 is slightly below the $0.42 consensus estimate. The company also expects Agriculture segment adjusted EBIT margins of 4.5% to 5.5% and free cash flow from Industrial Activities in the range of $150 million to $350 million.CNH Industrial stock price
Original: CNH Industrial beats revenue forecasts amid weak agriculture demand
US Market News
3月前
Hemisphere GNSS and Calian Announce Joint Development of the A65 GNSS Antenna Featuring Calian's Advanced XF Filtering(R) and Enhanced Multi Constellation PerformanceMarch 11, 2026 12:30 PM
ACCESS NewswireTEMPE, AZ / ACCESS Newswire / March 11, 2026 / Hemisphere GNSS, a brand of CNH (NYSE:CNH), together with Calian Group Ltd. (TSX:CGY), proudly announce the release of the new A65 GNSS (global navigation satellite system) antenna, a jointly developed, next generation solution engineered to deliver exceptional accuracy, superior interference protection, and robust GNSS tracking performance. Created through a close collaboration between Hemisphere GNSS and Calian, the A65 is designed as a direct, drop-in replacement for the widely deployed A45 antenna, offering users a seamless upgrade path to the latest precision technology."We are proud to partner with Calian to bring the A65 GNSS antenna to market," said Miles Ware, Director of Product Management at Hemisphere GNSS. "This program represents a true team effort, combining Calian's world-class antenna engineering with our commitment to delivering reliable, high-performance positioning solutions to our customers."The collaboration reflects a shared focus on combining advanced radio frequency (RF) design with real-world application insight to address increasingly complex GNSS operating environments, with both teams working closely from the earliest stages of development to meet demanding original equipment manufacturer (OEM) performance requirements."The A65 demonstrates the value of pairing Hemisphere's application expertise with Calian's advanced GNSS engineering," said Ken MacLeod, Director of Product Management at Calian. "Our XF Filtering® technology and next-generation antenna architecture enable OEMs like Hemisphere to deliver exceptional performance in some of the world's most challenging RF environments."A Collaborative Design Driven by Industry LeadersThe A65 was developed through a joint effort between Hemisphere GNSS and Calian, leveraging the strengths of both organizations. The antenna architecture itself, including the stacked patch quad feed element and RF front end, was engineered by Calian. Hemisphere GNSS contributed application expertise, system integration requirements, and performance validation within real world machine control, agriculture, marine, and survey environments.The result is a precision antenna that delivers:Outstanding multipath suppressionHighly consistent phase center variationAccurate tracking across GPS (L1/L2/L5), Galileo (E1/E5/E6), BeiDou (B1/B2/B3), GLONASS (G1/G2/G3), NavIC L5, QZSS, and L-band correction servicesLower power consumption and broad voltage compatibilityTogether, Hemisphere and Calian ensured the A65 meets demanding field requirements while exceeding the performance benchmarks of the A45.Calian XF Filtering® for Industry Leading Interference RejectionA major advancement of the A65 is the integration of Calian's XF Filtering®, incorporated through the Hemisphere-Calian engineering partnership. This next-generation interference mitigation system rejects out-of-band energy at the antenna level, significantly improving signal quality in RF-challenging environments.Calian XF Filtering® provides protection against:4G / 5G cellular transmissionsLigado and adjacent band interference sourcesBroadband marine and aviation systemsIndustrial and urban RF noiseBy combining Calian's advanced filtering technology with Hemisphere GNSS's application-level expertise, the A65 delivers cleaner signals, improved reliability, and more stable performance in harsh real-world environments.A Seamless Drop-in Replacement for the A45Building on the legacy of the trusted A45 antenna, the A65 provides:Same mechanical footprintSame connector location and mounting configurationRugged, weather resistant designYet the collaboration between Hemisphere GNSS and Calian elevates performance through:Expanded GNSS band supportIntegrated Calian XF Filtering®Improved noise figure and reduced power drawEnhanced shock, vibration, and environmental durabilityCustomers can upgrade immediately with no system redesign required.Engineered for Rugged Field UseValidated through Hemisphere GNSS field testing and Calian engineering qualification, the A65 includes:IP69K environmental protectionHigh impact LEXAN™ radome and robust metallic baseLow noise amplifier (LNA) with high gain (2.5 dB NF, 28-30 dB gain)15 kV electrostatic discharge (ESD) protection-40°C to +85°C operating rangeThis ensures long-term performance across agriculture, survey, machine control, marine, and fixed-reference installations.AvailabilityThe A65 GNSS antenna is available now through Hemisphere GNSS. OEM module versions based on the same Calian engineered design are also offered for integrators requiring embedded solutions.________________________________________About Hemisphere GNSSHemisphere GNSS delivers innovative satellite positioning technologies to precision agriculture, marine, survey, and machine control markets. Through strong partnerships and a focus on high performance solutions, Hemisphere continues to advance reliable, accurate GNSS positioning for professional users worldwide. Hemisphere is a subsidiary of CNH Industrial (NYSE:CNH), a world-class equipment, technology and services company specializing in Agriculture and Construction. www.hemispheregnss.com________________________________________About Calian's GNSS SolutionsFor over 40 years, Calian has delivered mission-critical solutions when failure is not an option. Trusted worldwide, we empower organizations in critical industries to overcome obstacles, manage risks and drive progress. By combining the expertise of our people, proven industry insight, cutting-edge technology, bold innovation and global reach, we deliver tailored solutions that solve complex challenges. Headquartered in Ottawa, Canada, with over 6,000 people around the world, Calian's solutions protect lives, strengthen security, foster global connectivity and drive economic progress, making a lasting impact where and when it matters most. www.calian.comFor more information, please contact:Hemisphere GNSS
Phone: +1 (480) 348-6380
Email: press@hgnss.comwww.hgnss.comSOURCE: Hemisphere GNSSView the original press release on ACCESS NewswireOriginal: Hemisphere GNSS and Calian Announce Joint Development of the A65 GNSS Antenna Featuring Calian's Advanced XF Filtering(R) and Enhanced Multi Constellation Performance
iHub News
4月前
CNH slides on soft 2026 outlook despite stronger Q4 performanceFebruary 17, 2026 10:12 AM
IH Market News
CNH Industrial N.V. (NYSE:CNH) released fourth-quarter results on Tuesday that topped expectations, but investors focused on a weaker-than-anticipated earnings outlook for 2026, sending shares down 5.49% in pre-market trading.For the quarter, CNH reported adjusted earnings of $0.19 per share, comfortably ahead of analyst projections of $0.11. Revenue increased 6% year over year to $5.16 billion, exceeding the consensus estimate of $4.97 billion.However, the company’s 2026 adjusted earnings forecast of $0.35 to $0.45 per share came in well below the $0.54 analysts had expected, overshadowing the quarterly beat.“Despite a challenging market environment, CNH delivered solid progress toward its long-term goals in 2025 and strengthened its foundation for success,” said Gerrit Marx, CNH Chief Executive Officer. “Our teams executed with discipline, focusing on what we can control while supporting our customers through dynamic economic conditions.”In the fourth quarter, Agriculture segment net sales rose 5% to $3.6 billion, supported by pricing gains and favorable currency effects.The Construction segment posted a 19% increase in net sales to $853 million, largely driven by stronger shipment volumes in North America.For full-year 2025, CNH recorded consolidated revenue of $18.10 billion, a 9% decline from 2024, while adjusted diluted earnings per share fell to $0.55 from $1.05 the prior year.Looking ahead, management anticipates continued softness in demand for agricultural equipment. The company projects global industry retail demand to fall an additional 5% in 2026, reaching what it described as “historic trough levels” before a recovery expected in 2027. CNH pointed to ongoing headwinds for farmers, including subdued commodity prices, elevated input costs, and trade-related uncertainty.For 2026, Agriculture segment net sales are expected to range from down 5% to flat year over year, while Construction segment sales are forecast to remain roughly unchanged.CNH Industrial stock price
Original: CNH slides on soft 2026 outlook despite stronger Q4 performance
ORRTEC
18年前
CNH Reports Record Second Quarter Net Income of $347 Million, Up 52%, Highest Quarterly Results in CNH History
CNH Reports Record Second Quarter Net Income of $347 Million, Up 52%, Highest Quarterly Results in CNH History
Titan Machinery Added to Russell 2000(R) Index
Cummins, Fiat Group Subsidiaries Announce Realignment of Shareholder Structure
*Revised* Analyst Reports for SNC-Lavalin, Cinch Energy Corp., Peregrine Metals Ltd., and First Quantum Minerals Ltd.
Merrill Lynch Upgrades CNH Global (CNH) to Neutral
July 23, 2008 2:00 AM EDT
BURR RIDGE, IL -- (MARKET WIRE) -- 07/23/08 -- CNH Global NV (NYSE: CNH):
-- Robust agricultural industry sales and market share gains drove net
sales of equipment to $5.3 billion, up 29%
-- Pricing actions offset higher input costs, primarily steel
-- Agricultural Equipment Gross Margin improved
-- Construction Equipment revenues up almost 50% in Latin America and
Rest-of-World more than offsetting soft markets in North America and
Western Europe
-- Revenue growth and cost discipline contributed to record Equipment
Operations Operating Margin of 11.1%
-- Financial Services net income up 21%
-- Full year 2008 financial outlook tightened, with expected range of
diluted EPS before restructuring, after tax, forecasted to be $3.40 to
$3.60
Robust sales growth in the agricultural equipment business combined with favorable product sales mix were the primary drivers of CNH's diluted earnings per share growth of 52% for the second quarter of 2008 compared to the second quarter of 2007. Continued strong agriculture equipment industry growth and new product introductions, coupled with an emphasis on quality and disciplined supply chain management, lay the groundwork for solid future top line and earnings growth.
Here's the link from early today am.
CNH had two days of confirmed buys from American bull.com. Today is a sell if.