By Nicholas G. Miller

CNH Industrial shares fell after the company reported lower profit and sales and said it was seeing decreased industry demand as the current trade environment poses challenges for its customers.

The stock fell 12% to $9.01 in premarket trading after closing Thursday down 9.4% this year.

The farming and construction machine company reported net income of $67 million, or 6 cents a share, down from $310 million, or 24 cents a share, the year prior.

Adjusted earnings were 8 cents a share, missing analysts' expectation of 13 cents, according to FactSet.

Consolidated revenues fell 5% to $4.4 billion. Wall Street expected $4.26 billion.

Net sales for the company's agriculture segment fell 10%, more than offsetting an 8% increase in net sales in its construction division.

The company said the current trade environment was challenging its farmer and builder customers and that it was seeing "decreased industry demand and continued channel destocking."

CNH also said tariffs, particularly on steel and aluminum, were dragging down its margins despite the company altering its supply chain, consuming existing inventories and raising prices.

The company guided for full-year agriculture net sales to be down 11% to 13% and for construction segment net sales to be down 3% to 5%.

Write to Nicholas G. Miller at nicholas.miller@wsj.com.

(END) Dow Jones Newswires

November 07, 2025 09:14 ET (14:14 GMT)

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