Earnings Reports

Claas Reports Solid FY19 Revenues; Ramps Up North American Expansion Efforts

January 15, 2020 | Posted in Earnings Reports

In the year that Claas completed the transition from harvesting specialist to full line supplier in North America, the German group recorded sales revenues at a level similar to the prior 12 months but saw profitability plunge almost 40% in a challenging market.

Lindsay Corp. Reports 1Q20 Revenues Down 2%

January 10, 2020 | Posted in Earnings Reports

Lindsay Corp. today announced results for its first quarter of fiscal 2020, which ended on Nov. 30, 2019. Revenues for the first quarter of fiscal 2020 were $109.4 million, a decrease of $2.6 million, or 2%, compared to revenues of $112.0 million in the prior year first quarter.

Buhler Reports 2019 Revenues Drop 25.7%

December 31, 2019 | Posted in Earnings Reports

Buhler Industries, the manufacturer of the Versatile and Farm King line of agriculture equipment, reported its year-end earnings on Dec. 30, 2019. Revenue for the year was $229.1 million, down $58.9 million or 25.7% from sales of $288.0 million in 2018.

Dealership Groups Produced Mixed Results in Latest Earnings Reports

December 16, 2019 | Posted in Earnings Reports

While U.S.-based Titan Machinery reported a 2% uptick in ag equipment sales in its most recent reporting period, the third quarter wasn’t so kind to Canadian dealers Cervus Equipment and Rocky Mountain Dealerships.

Kubota’s Consolidated Revenues Rise 7.1% in First 9 Months of 2020

December 3, 2019 | Posted in Earnings Reports

For the first 9 months of 2019 ended Sept. 30, Kubota Corp. reported revenues increased by $888.2 million (7.1%) from the same period in the prior year to $13.5 billion.

Raven Industries Report 4% Drop in Net Sales for 3QFY20

November 27, 2019 | Posted in Earnings Reports

Raven Industries is reporting that net sales for the third quarter of fiscal 2020 were $100.5 million, down 4.1% vs. the third quarter of fiscal 2019. Each division experienced a modest year-over-year decline in net sales.

Deere’s 4Q19 Net Sales Rise 5%, Ag Up 3%; Expects Lower Sales in FY2020

November 27, 2019 | Posted in Earnings Reports

Deere & Co. reported net income of $722 million for the fourth quarter ended Nov. 3, 2019, compared with net income of $785 million for the quarter ended Oct. 28, 2018. For fiscal 2019, net income attributable to Deere & Co. was $3.253 billion compared with $2.368 billion in 2018. Worldwide net sales and revenues increased 5% in both the fourth quarter and full year of 2019 to $9.896 billion and $39.258 billion, for the respective periods.

Softer Int’l Business Impacts Titan Machinery’s 3Q20 Sales, But Ag Up 2%

November 26, 2019 | Posted in Earnings Reports

Titan Machinery, CNH Industrial’s largest retailer of farm and construction equipment, reported overall revenues in its third quarter of fiscal 2020 were flat vs. the same period of the prior year. Total revenue during the period was $361 million compared to $361 million in the third quarter of fiscal 2019.

Solid U.S., International Sales Boosts Ag Growth International’s 3Q19 Results

November 15, 2019 | Posted in Earnings Reports

Winnipeg-based Ag Growth International (AFN:TSX) reported a 7% increase in total trade sales for the third quarter 2019.

Cervus Equipment’s 3Q19 Revenues Decline 19%; Ag Down 28%

November 8, 2019 | Posted in Earnings Reports

Calgary-based Cervus Equipment, one of John Deere’s largest ag equipment retailers with 36 store locations, reported that its consolidated revenue for the third quarter of 2019 ended Sept. 30 declined by 19% year-over-year.

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Claas Reports Solid FY19 Revenues; Ramps Up North American Expansion Efforts

Lindsay Corp. Reports 1Q20 Revenues Down 2%

Buhler Reports 2019 Revenues Drop 25.7%

Dealership Groups Produced Mixed Results in Latest Earnings Reports

Kubota’s Consolidated Revenues Rise 7.1% in First 9 Months of 2020

Raven Industries Report 4% Drop in Net Sales for 3QFY20

Deere’s 4Q19 Net Sales Rise 5%, Ag Up 3%; Expects Lower Sales in FY2020

Softer Int’l Business Impacts Titan Machinery’s 3Q20 Sales, But Ag Up 2%

Solid U.S., International Sales Boosts Ag Growth International’s 3Q19 Results

Cervus Equipment’s 3Q19 Revenues Decline 19%; Ag Down 28%

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