CNH Global NV Fourth Quarter Earnings Sneak Peek

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CNH Global NV (ADR) (NYSE:CNH) will unveil its latest earnings tomorrow, Thursday, January 31, 2013. CNH Global is a global, full-line company in both the agricultural and construction equipment industries with positions in many significant geographic and product categories in both agricultural and construction equipment.

CNH Global NV (ADR) Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average analyst estimate is for profit of 71 cents per share, a decline of 9% from the company’s actual earnings for the year-ago quarter. During the past three months, the average estimate has moved down from 72 cents. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 20.9% versus last year to $4.63.

Past Earnings Performance: The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported net income of $1.34 per share against a mean estimate of profit of $1.16 per share. In the second quarter, it missed forecasts by one cent.

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Stock Price Performance: From December 26, 2012 to January 25, 2013, the stock price rose $7.42 (18.5%), from $40.10 to $47.52. The stock price saw one of its best stretches over the last year between August 2, 2012 and August 9, 2012, when shares rose for six straight days, increasing 9.3% (+$3.52) over that span. It saw one of its worst periods between February 21, 2012 and February 29, 2012 when shares fell for seven straight days, dropping 3.9% (-$1.74) over that span.

A Look Back: In the third quarter, profit rose 17.9% to $323 million ($1.34 a share) from $274 million ($1.14 a share) the year earlier, exceeding analyst expectations. Revenue rose 10.2% to $5.08 billion from $4.61 billion.

Here’s how CNH Global NV traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week:

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