---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-019752"
form_type: "8-K"
ticker: "CNH"
cik: "0001567094"
company_name: "CNH Industrial N.V."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:28:13.771271+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# CNH Industrial Q1 2024 EPS $0.31, revenue $4.82B; cuts full-year guidance on weaker ag demand

## Summary
- Consolidated revenue $4.82B (-10% YoY); diluted EPS $0.31 vs $0.35 YoY; adjusted diluted EPS $0.33.
- Agriculture segment net sales $3.37B (-14%); adj. EBIT margin 12.5% (down 200 bps from 14.5%).
- Construction segment net sales $758M (-11%); adj. EBIT margin 6.7% (+150 bps from 5.2%).
- Full-year guidance cut: Agriculture net sales now -11% to -15% (prev -8% to -12%); adj. diluted EPS $1.45-$1.55 (prev $1.50-$1.60).
- Industrial free cash flow absorption $1.209B in Q1; FY FCF guidance lowered to $1.1-$1.3B from $1.2-$1.4B.

## SEC filing metadata
- accession: 0001628280-24-019752
- form_type: 8-K
- ticker: CNH
- cik: 0001567094
- company_name: CNH Industrial N.V.
- filed_at: 2024-05-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1567094/000162828024019752/0001628280-24-019752-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1567094/000162828024019752/cnhi-20240502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-019752
- JSON: https://secwatch.observer/filing/0001628280-24-019752.json
- Plain text: https://secwatch.observer/filing/0001628280-24-019752.txt

## Key facts
- Earnings Releases
  CNH Industrial N.V. reported the first quarter of 2024 results: revenue $4.82 billion, net income $402 million, EPS $0.31. Guidance reaffirmed.
  - Period: the first quarter of 2024
  - Revenue: $4.82 billion
  - Net income: $402 million
  - EPS: $0.31
  - Guidance: reaffirmed
  - Result: reported results
  source text: 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) 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 industry projections Basildon, UK - May 2, 2024 - CNH Industrial N.V. (NYSE: CNHI) today reported results for the three months ended March 31, 2024, with net income of $402 million and diluted earnings per share of $0.31 compared with net income of $486 million and diluted earnings per share of $0.35 for the three months ended March 31, 2023. Consolidated revenues were $4.82 billion (down approximately 10% compared to Q1 2023) and Net sales of Industrial Activities were $4.13 billion (down approximately
  evidence_url: https://www.sec.gov/Archives/edgar/data/1567094/000162828024019752/0001628280-24-019752-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.