10 Firms Lead Rally on Impressive Q1 Earnings, Optimistic Outlooks

6. CNH Industrial N.V. (NYSE:CNH)

CNH Industrial grew its share prices by 7.26 percent on Thursday to finish at $12.41 apiece as investors cheered the company’s analyst estimates beat despite posting dismal performance in the first quarter of the year.

In its latest earnings release, CNH Industrial N.V. (NYSE:CNH) announced a 64-percent drop in net income during the quarter, at $132 million versus the $369 million in the same period last year, weighed down by lower shipment volumes in agriculture and construction.

Consolidated revenues dropped by 21 percent to $3.8 billion from $4.8 billion year-on-year as a result of lower industry demand.

Earnings per share stood at 10 cents, beating analyst estimates of 9 cents per share.

Looking ahead, CNH Industrial N.V. (NYSE:CNH) expects global industry retail sales to remain lower in both the agriculture and construction equipment industries as compared with 2024. To mitigate risks, the company said it would focus on driving down excess channel inventory primarily by producing fewer units than the retail demand level.

“Therefore, 2025 net sales will be lower than in 2024,” it underscored.