CNH Global N.V. (ADR) Fourth Quarter Earnings Sneak Peek

CNH Global N.V. (ADR) (NYSE:CNH) will unveil its latest earnings on Tuesday, January 31, 2012. 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 N.V. (ADR) Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 72 cents per share, a decline of 20% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 65 cents. Between one and three months ago, the average estimate moved up. It has dropped from 73 cents during the last month. For the year, analysts are projecting profit of $3.75 per share, a rise of 80.3% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 31 cents, reporting net income of $1.13 per share against a mean estimate of profit of 82 cents per share.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 17.3% in revenue from the year-earlier quarter to $4.41 billion.

Analyst Ratings: Analysts are bullish on this stock with five analysts rating it as a buy, none rating it as a sell and two rating it as a hold.

A Look Back: In the third quarter, profit rose more than threefold to $274 million ($1.14 a share) from $83 million (35 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 30.3% to $4.61 billion from $3.54 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 22.1%, with the biggest boost coming in the most recent quarter when revenue rose 30.3% from the year earlier quarter.

The company has seen net income rise in three straight quarters. Net income rose more than twofold in the second quarter and 850% in the first quarter.

Competitors to Watch: AGCO Corporation (NYSE:AGCO), Arts-Way Manufacturing Co. Inc. (NASDAQ:ARTW), Deere & Company (NYSE:DE), Caterpillar Inc. (NYSE:CAT), Lindsay Corporation (NYSE:LNN), Alamo Group, Inc. (NYSE:ALG), Kubota Corporation (NYSE:KUB), Manitowoc Company, Inc. (NYSE:MTW), and Columbus McKinnon Corp. (NASDAQ:CMCO).

Stock Price Performance: During November 25, 2011 to January 25, 2012, the stock price had risen $10.62 (30%) from $35.37 to $45.99. The stock price saw one of its best stretches over the last year between December 30, 2011 and January 11, 2012 when shares rose for eight-straight days, rising 17.2% (+$6.18) over that span. It saw one of its worst periods between May 9, 2011 and May 17, 2011 when shares fell for seven-straight days, falling 15% (-$7.14) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com