Second quarter fiscal year 2021 results for Titan Machinery surprised analysts as it reported revenue and margin gains that surpassed expectations. Despite a drop off in total revenues, Case IH’s and Case Construction’s largest equipment retailer in North America came through the quarter in a better position than anticipated.
In a note to investors, Rick Nelson, analyst with Stephens, said, “Revenue decreased (3.7%) to $303.5 million, well above consensus of $266.9 million, indicating far less…
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.
