The earnings call reflected significant challenges, including a substantial decline in revenue and profit, reduced production due to soft demand, and high tariff exposure. While there were some positive developments such as a successful leadership transition, a reduction in dealer inventories, and the launch of a new product, the negative aspects outweighed the positives.
Company Guidance
During the CNH 2025 First Quarter Results Conference Call, CEO Gerrit Marx provided guidance on several key financial metrics and strategic priorities. The company reported a 21% decline in consolidated revenues to $3.8 billion and a 73% drop in industrial adjusted EBIT to $101 million, with EPS at $0.10. CNH's production hours decreased significantly, with agriculture down 27% and construction down 19% compared to Q1 2024. Despite the challenging market conditions, the company successfully reduced dealer inventories by $100 million in the quarter and is on track to reach its year-end inventory targets. CNH also launched new automated spraying solutions and announced several leadership changes, including the appointment of Jim Nickolas as the new CFO. The company emphasized its focus on operational excellence, technology advancement, and cost-saving initiatives while acknowledging the impact of global trade uncertainties and tariffs on its 2025 outlook. It revised its guidance, projecting industrial net sales to decrease by 11% to 19% and an industrial adjusted EBIT margin between 4.5% and 6.5%, with free cash flow expected to range from $100 million to $500 million.
Leadership Transition
Oddone Incisa will be stepping down as CFO, effective May 6th, to be succeeded by Jim Nickolas, who brings over 30 years of experience in corporate finance and business strategy.
Dealer Inventory Reduction
Agricultural dealers reduced inventory by $100 million in the quarter, marking a total reduction of about $1 billion since Q1 2024.
Launch of Automated Spraying Solution
CNH launched the Case IH SenseApply and New Holland IntelliSense using vision technology from Augmenta, offering cost-effective and flexible spraying options for farmers.
CNH Industrial (DE:37C) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:37C Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 04, 2025
€11.96
€11.78
-1.52%
Nov 07, 2024
€10.51
€9.34
-11.11%
Jul 31, 2024
€9.07
€9.76
+7.52%
May 02, 2024
€10.23
€9.91
-3.13%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does CNH Industrial (DE:37C) report earnings?
CNH Industrial (DE:37C) is schdueled to report earning on Aug 01, 2025, TBA Not Confirmed.
What is CNH Industrial (DE:37C) earnings time?
CNH Industrial (DE:37C) earnings time is at Aug 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.