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CNH: Q4 Earnings Snapshot
CNH Industrial NV reported a strong fourth quarter, with profit of $86 million and earnings of 19 cents per share, surpassing Wall Street’s expectations of 11 cents per share. The truck, tractor, and bus manufacturer also exceeded revenue forecasts, posting $5.16 billion against an expected $5.02 billion. For the full year, CNH reported a profit of $510 million on revenue of $18.1 billion, and projects full-year earnings between 35 and 45 cents per share.