Benzinga | Jul 29, 2021 10:44AM EDT

CNH Industrial Earnings Preview

On Friday, July 30, CNH Industrial (NYSE:CNHI) will release its latest earnings report. Check out Benzinga's preview to understand the implications.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Analysts predict CNH Industrial will report earnings of $0.27 per share on revenue of $7.33 billion. CNH Industrial's loss in the same period a year ago was $0.07 per share. Quarterly sales came in at $5.58 billion.

What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to report earnings in line when it publishes results Friday, quarterly profit would be up 485.71%. Revenue would be up 31.41% on a year-over-year basis. Here is how the company's reported EPS has stacked up against analyst estimates in the past: Quarter Q1 2021 Q4 2020 Q3 2020 Q2 2020EPS Estimate 0.14 0.14 0.02 -0.10EPS Actual 0.32 0.30 0.11 -0.07Revenue Estimate 6.44 B 7.28 B 5.24 B 4.19 BRevenue Actual 7.47 B 8.50 B 6.49 B 5.58 B

Want Real-Time Earnings Calendar Updates?

Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.

Stock Performance

For a full 12 months, the return has risen by 144.77%. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Do not be surprised to see the stock move on comments made during its conference call. CNH Industrial is scheduled to hold the call at 09:30:00 ET and can be accessed here.