secwatch.observer — SEC 8-K summary
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Issuer:     CNH Industrial N.V. (CNH)
CIK:        0001567094
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001628280-24-046490
Event type: earnings
Sentiment:  negative
Materiality: 0.82
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CNH Q3 revenue down 22%, EPS $0.24; cuts full-year guidance on weak demand
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- Q3 consolidated revenue $4.65B (-22% YoY); diluted EPS $0.24 (vs $0.40 Q3 2023).
- Agriculture net sales $3.31B (-24%); adj. EBIT margin 10.2% (down from 14.6%).
- Construction net sales $687M (-28%); adj. EBIT margin 5.8% (down from 6.3%).
- Full-year adj. diluted EPS guidance lowered to $1.05-1.15 from $1.30-1.40; Industrial FCF guidance flipped to outflow $100-300M.
- CEO cites elevated dealer inventories; investor day set for May 8, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1567094/000162828024046490/0001628280-24-046490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1567094/000162828024046490/cnhi-20241107.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-046490

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer