CNH Industrial N.V. (NYSE:CNHI) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET Company Participants Jason Omerza – Vice President-Investor Relations Scott Wine – Chief Executive Officer Oddone Incisa – Chief Financial Officer Conference Call Participants Mig Dobre – Baird Jamie Cook – Truist Nicole DeBlase – Deutsche Bank David Raso – Evercore Mike Shlisky – D.A. Davidson Kristen Owen – Oppenheimer Tami Zakaria – JPMorgan Angel Castillo – Morgan Stanley Michael Feniger – Bank of America Operator La ...

INVESTOR RELATIONS CONTACTS investor.relations@cnh.com CNH 3 Q1 2024 results review | May 2, 2024 Q1 2024 | RESULTS Consolidated Revenues $4.8B (10)% Adj. EBIT1 Industrial Activities $405M (27)% Net Income $402M (17)% Diluted EPS $0.31 ($0.04) Net Sales Industrial Activities $4.1B (14)% (180) bps (11)% ($0.02) Adj. EBIT%1 Industrial Activities 9.8% Adjusted Net Income1 $421M Adjusted Diluted EPS1 $0.33 YoY vs Q1 2023 All statements other than statements of historical fact contained in this presentation incl ...

CNH Industrial (CNHI) came out with quarterly earnings of $0.33 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.35 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 26.92%. A quarter ago, it was expected that this truck, tractor and bus maker would post earnings of $0.41 per share when it actually produced earnings of $0.42, delivering a surprise of 2.44%.Over the last four qua ...

CNH Industrial N.V. Reports First Quarter 2024 Results First quarter consolidated revenue declined 10% on lower industry demand First quarter diluted EPS at $0.31; adjusted diluted EPS at $0.33 ($0.35 in the first quarter of 2023) Exhibit 99.1 First quarter Agriculture segment adjusted EBIT margin down 200 bps year-over-year to 12.5%; Construction up 150 bps to 6.7% Cost reduction programs on track, helping to mitigate impact of slowing markets Full-year guidance updated to reflect lower agriculture industr ...

Basildon, May 1, 2024 CNH Industrial (NYSE:CNHI) announces that the Company's common shares listed on the New York Stock Exchange (NYSE) will begin trading under the symbol "CNH" effective Monday, May 20, 2024. This will replace the Company's current ticker symbol, "CNHI", marking a return to both our original ticker symbol "CNH" – used until 2013 – and our identity as a leading pureplay provider of equipment, technology and services for agriculture and construction. CNH Industrial N.V. will remain the nam ...

Analysts on Wall Street project that CNH Industrial (CNHI) will announce quarterly earnings of $0.26 per share in its forthcoming report, representing a decline of 25.7% year over year. Revenues are projected to reach $4.64 billion, declining 13.1% from the same quarter last year.Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.1% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this peri ...

CNH kicks off A Sustainable Year series with a focus on AI Basildon, April 30, 2024 Today, CNH announces the first in a series of stories to be featured in its latest A Sustainable Year magazine. The annual publication promotes the company's innovation and sustainability initiatives. The first story explains how humans can learn to trust the recommendations of artificial intelligence (AI). AI has broad manufacturing applications that can increase efficiency and productivity, so it is important to understand ...

CNH expands network connectivity with Intelsat collaboration Field-ready connectivity option for hard-to-reach locations brings the power of precision agriculture to more CNH customers  Basildon, April 29, 2024 CNH (NYSE:CNHI) and Intelsat, operator of one of the world's largest integrated satellite and terrestrial communication networks, today announced a collaboration that will be the first to provide farmers ubiquitous access to the internet via a ruggedized satellite communications (SATCOM) service. Bas ...

CNH Industrial (CNHI) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 2. On ...

CNH announces signing of a €3.25 billion committed revolving credit facility Basildon, April 23, 2024 On April 19, 2024, CNH (NYSE:CNHI) signed a €3.25 billion committed revolving credit facility, intended for general corporate purposes of the Company. The facility, entered into with a group of 18 banks providing aggregate commitments in excess of €3.5 billion, has a 5-year tenor with two extension options of one year each, exercisable on the first and second anniversary of the signing date. It replaces an ...