Earnings Reports

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Lindsay Corp. Reports 1Q20 Revenues Down 2%

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.
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Buhler Reports 2019 Revenues Drop 25.7%

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

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.
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