CNH Industrial N.V. (NYSE:CNHI) Q1 2024 Earnings Conference Call May 2, 2024 9:00 AM ET

Company Participants

Jason Omerza – Vice President-Investor Relations
Scott Wine – Chief Executive Officer
Oddone Incisa – Chief Financial Officer

Conference Call Participants

Mig Dobre – Baird
Jamie Cook – Truist
Nicole DeBlase – Deutsche Bank
David Raso – Evercore
Mike Shlisky – D.A. Davidson
Kristen Owen – Oppenheimer
Tami Zakaria – JPMorgan
Angel Castillo – Morgan Stanley
Michael Feniger – Bank of America

Operator

Ladies and gentlemen, thank you for standing by. Good morning, and welcome to the CNH First Quarter 2024 Results Conference Call. Please note that today’s call is being recorded. At this time, all participants are now in a listen-only mode. After the speakers’ remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I will now turn the call over to Jason Omerza, Vice President of Investor Relations. Please go ahead.

Jason Omerza

Thank you, Brianna. Good morning, everyone, and we apologize for the delay. We’d like to welcome you to the webcast and conference call for CNH Industrial’s first quarter results for the period ending March 31, 2024. This call is being broadcast live on our website and is copyrighted by CNH. Any other use, recording or transmission of any portion of this broadcast without the express written consent of CNH is strictly prohibited. Hosting today’s call are CNH CEO, Scott Wine; and CFO, Oddone Incisa.

They will use the material available for download from the CNH website. Please note that any forward-looking statements that we might make during today’s call are subject to the risks and uncertainties mentioned in the safe harbor statement including in the presentation material. Additional information pertaining to factors that could cause actual results to differ materially is contained in the company’s most recent annual report on Form 10-K as well as other periodic reports and filings with the U.S. Securities and Exchange Commission.

The company presentation includes certain non-GAAP financial measures. Additional information, including reconciliations to the most directly comparable U.S. GAAP measures is included in the presentation material.

I will now turn the call over to Scott.

Scott Wine

Thank you, Jason, and thanks everyone for joining our call. Before we review the quarter, I would like to address my upcoming departure from CNH. First, I want to sincerely thank the team here for delivering three straight years of record sales and profitability and our notable transformation into a customer-focused technology-forward culture.