CNH Reports Favorable 1Q
CNH Global N.V. (NYSE:CNH) recently reported its first quarter financial results of 2012. Net income (before restructuring and exceptional items) came in at $269 million, rising 94.9% year over year and 42.3% sequentially. Diluted EPS was $1.11 versus 63 cents in the previous year quarter and 79 cents in the previous quarter, comprehensively beating our [...]
CNH Global N.V. (NYSE:CNH) recently reported its first quarter financial results of 2012. Net income (before restructuring and exceptional items) came in at $269 million, rising 94.9% year over year and 42.3% sequentially.
Diluted EPS was $1.11 versus 63 cents in the previous year quarter and 79 cents in the previous quarter, comprehensively beating our Zacks Consensus Estimate of 73 cents.
The approbatory surge in net income was brought about by operational efficiencies achieved during the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards
