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.
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