CNH Industrial NV (CNH) Stock

CNH Industrial N.V. (NYSE:CNH) will hold its Q4 2024 Earnings Conference Call on February 4, 2025, at 9:00 AM ET. The call will feature company representatives including Jason Omerza, the VP of Investor Relations, Gerrit Marx, the CEO, and Oddone Incisa, the CFO. Participants from various financial institutions will also join the call, including analysts from JPMorgan, Baird, and Morgan Stanley.

In the fourth quarter, total revenues dropped by 28%, and for the entire year, they fell by 20% due to decreased demand in the Agriculture and Construction equipment sectors.

CNH will announce its financial results for the Fourth Quarter and Full Year of 2024 on February 4, 2025. The announcement will be followed by a live audio webcast of the conference call starting at 9:00 a.m.

CNH Industrial's stock has fallen because of broader economic worries, but its strong brands and emphasis on agricultural equipment suggest good growth opportunities in the future. The company is well-run and is concentrating on precision agriculture technologies and better profit margins, even with difficulties in the agriculture and construction sectors. CNH's strategic decisions and commitment to quality and efficiency may lead to better returns and increased value for shareholders.

CNH has announced the appointment of Luis Abreu as the Chief Information Officer (CIO) on January 13, 2024. He will be part of the Global Leadership Team (GLT), which is responsible for implementing CNH's strategic goals for sustainable growth worldwide. This team is focused on ensuring that the company's priorities are met quickly and efficiently.

On January 9, 2024, it was announced that CNH's Case IH and New Holland brands received ten AE50 2025 awards for their customer-focused agricultural technology and engineering solutions. These awards recognize the 50 most innovative products and systems developed for the food and agriculture sectors in the past year.

The Q3 results have caused us to adjust our targets for FY24 because of low demand and high stock levels, and we expect more production cuts until the first half of 2025. FY25 is likely to be the lowest point for the AG industry, but cost-saving strategies and stable prices should help reduce risks. Since demand might be close to its lowest, CNH's plans to improve its mid-cycle profit margins could lead to a rise in share value, so we maintain our buy recommendation.

This Industry Outlook article features Deere, AGCO, Lindsay, CNH Industrial, and Kubota.

The Manufacturing - Farm Equipment sector is affected by low income in farming. However, demand is expected to increase due to the rising need for food. Companies like DE, AGCO, and LNN are likely to benefit from this trend.