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An update from CNH Industrial ( (CNH) ) is now available.
CNH Industrial reported a significant decline in its fourth quarter and full-year 2024 revenues, with a 28% and 20% drop respectively, attributed to lower industry demand and dealer destocking. Despite these challenges, the company managed to maintain reasonable margin erosion through cost-saving initiatives and aims to continue aligning its business structure with market conditions, anticipating ongoing challenges in the first half of 2025.
More about CNH Industrial
CNH Industrial N.V. operates in the agricultural and construction equipment industry, focusing on manufacturing and selling machinery such as tractors and combines, which are crucial for these sectors.
YTD Price Performance: 16.14%
Average Trading Volume: 12,284,193
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $16.09B
For detailed information about CNH stock, go to TipRanks’ Stock Analysis page.
