James Piccarello

“Just to hit on a few of the buckets for next year, at current spot prices for crude, right, in the $90 to $100 range, would the raw mats impact also hit the third quarter next year, given the modest headwind that was realized this past quarter?”

“Just to first revisit Emanuel's question regarding the 2027 revenue bridge, is the $700 million in recoveries purely a year-over-year figure, or is it relative to the base of $175 million in memory recoveries for 2025, which I believe is incurring a low double-digit percent increase this year?”

“How can we start to think about the commodities bridge for next year, both from a top-line recovery and net EBIT perspective? I know it's early, but just curious on your prelim thoughts there regarding seeding settles exposure and eSystems index copper.”

“Just to focus on the power drive segment, the event loss was only $5 million on very strong growth, which was called out already. But did the quarter have any one-time recovery benefit at all, or are we getting close to a break-even run rate here at, you know, $700 million-plus in quarter-big sales?”

“Just on the Q1 pickup volumes, the expectation is for the volumes to trend flat next year. Is the expected downtime impact slated for the first quarter at the similar 35,000-unit reduction to the fourth quarter?”