Shares of CNH Industrial N.V. (NYSE:CNH) tumbled 6.91% in pre-market trading on Thursday following the release of the company's first-quarter earnings report. Despite meeting analyst expectations on earnings per share and surpassing revenue estimates, investors appear concerned about the significant year-over-year decline in profitability and a potentially disappointing outlook for 2025.

The agricultural and construction equipment manufacturer reported adjusted earnings per share of $0.10 for Q1, in line with analyst consensus estimates. However, this represents a substantial 66.67% decrease from the $0.30 per share earned in the same quarter last year. On a more positive note, CNH Industrial's quarterly revenue came in at $3.83 billion, beating the analyst consensus estimate of $3.51 billion by 9.09%. Nevertheless, this still marks a 20.55% decrease compared to the $4.82 billion in sales reported for the same period in the previous year.

Adding to investor concerns, CNH Industrial provided its outlook for 2025, projecting adjusted diluted EPS to be between $0.50 and $0.70. This guidance may be perceived as conservative or potentially disappointing by market participants, contributing to the sharp pre-market decline. As the trading session progresses, investors will likely scrutinize the company's future prospects and ability to navigate challenging market conditions in the agricultural and construction equipment sectors.