CNH Industrial N.V. (CNH) shares surged 13.07% during intraday trading on Monday, following the company's release of second-quarter financial results that exceeded analyst expectations and an upward revision to its full-year profit outlook.
The farm and construction equipment manufacturer reported adjusted earnings per share of $0.13, surpassing the consensus estimate of $0.10. Quarterly revenue reached $4.8 billion, also beating the $4.38 billion forecast. The company narrowed its full-year 2026 adjusted diluted EPS guidance to a range of $0.41 to $0.46, up from the prior $0.35 to $0.45, driven by improving construction segment demand, cost efficiencies, and leaner tractor production.
CEO Gerrit Marx cited disciplined execution and constructive equipment-cycle indicators, including dealer inventory normalization and aging fleets, as key factors behind the improved outlook. The upbeat results and guidance provided a strong catalyst for the stock's sharp intraday advance.