Quarterly earnings report - Articles

Cervus Equipment 2Q Revenue Declines 20%; Ag Falls 25%

August 9, 2019 | Posted in Earnings Reports

Cervus Equipment Corp., a 21 store John Deere dealership group, reported that overall revenue decreased 20% in the quarter, with reduced equipment sales in its Agricultural segment comprising the majority of the decrease, while a tapering of truck sales in its Transportation sector relative to the strong sales of 2018 was a secondary factor. Overall revenues include agriculture (56%) and transportation (34%) and industrial (10%) business segments.

Titan International 2Q19 Net Sales Dip 8.9%; Ag Segment Down 6.5%

August 1, 2019 | Posted in Earnings Reports

Gross profit for the second quarter ended June 30, 2019, was $38.3 million, compared to $58.3 million in the comparable prior year period. Gross margin was 9.8% of net sales for the latest quarter, compared to 13.6% of net sales in the comparable prior year period.

CNHI’s Consolidated Revenues Fall 6%; 2Q19 Ag Net Sales Down 7%

August 1, 2019 | Posted in Earnings Reports

Net income was $91 million in the second quarter of 2019, a decrease of $11 million compared to the second quarter of 2018 primarily attributable to pricing and the one-time credit loss provision releases incurred in 2018.

Alamo Group’s Net Sales Rise 10.9% in 2Q; Ag Equipment Slips 6.6%

August 1, 2019 | Posted in Earnings Reports

Net sales, net income and earnings per share were all at record levels for Alamo Group for the second quarter and for the first 6 months of 2019, both with and without the effects of the acquisition of Dutch Power.

Rocky Mountain Dealerships Sales Fall 35.7% in 2Q19

July 31, 2019 | Posted in Earnings Reports

According to RME, once seeding was completed, market sentiment turned sharply negative as a result of broad macro-economic and political uncertainty coupled with significantly reduced sales across all departments.

With Solid 1QFY20 Results and Reduced Debt Titan Machinery’s Set to Renew M&A Efforts

June 20, 2019 | Posted in Earnings Reports

Titan Machinery turned in a strong performance during the first quarter of its fiscal year 2020 ended April 30, 2019. In addition to higher top and bottom line results, Titan Machinery managers also highlighted the retirement of remaining senior convertible note principal balance on May 1, 2019, along with lower floorplan and other interest expense as reasons for the upbeat quarterly report.

CNH Industrial Reports 1Q19 Consolidated Revenues Down 5%; Ag Equipment Down 3.5%

May 7, 2019 | Posted in Earnings Reports

CNH Industrial announced consolidated revenues of $6,457 million for the first quarter of 2019, down 5% compared to the first quarter of 2018 (up 2% on a constant currency basis).

Titan International 1Q19 Revenue Declines 3.5%; Ag Business Slips 1.3%

May 6, 2019 | Posted in Earnings Reports

Ag and construction equipment wheel and tire maker Titan International reported 3.5% fall off in revenue driven by sales decreases in each of its major business segments, including agriculture, earthmoving & construction and consumer.

Alamo Posts Record Net Sales in 1Q19, But Ag Slips

May 2, 2019

Alamo Group's net sales for the first quarter of 2019 were $261.9 million compared to net sales of $238.1 million in the first quarter of 2018, an increase of 10%. Net income for the quarter was $15.3 million compared to net income of $14.6 million, an increase of 4.6% in net income.

AGCO Net Sales Down Less Than 1% in First Quarter

May 2, 2019

AGCO reported it sales during the first quarter of 2019 were down 0.6% compared to the first quarter of 2018. Excluding unfavorable currency translation impacts of approximately 7.1%, net sales in the first quarter of 2019 increased approximately 6.5% vs. the same period of 2018.

Articles Tagged with ''quarterly earnings report''

Cervus Equipment 2Q Revenue Declines 20%; Ag Falls 25%

Titan International 2Q19 Net Sales Dip 8.9%; Ag Segment Down 6.5%

CNHI’s Consolidated Revenues Fall 6%; 2Q19 Ag Net Sales Down 7%

Alamo Group’s Net Sales Rise 10.9% in 2Q; Ag Equipment Slips 6.6%

Rocky Mountain Dealerships Sales Fall 35.7% in 2Q19

With Solid 1QFY20 Results and Reduced Debt Titan Machinery’s Set to Renew M&A Efforts

CNH Industrial Reports 1Q19 Consolidated Revenues Down 5%; Ag Equipment Down 3.5%

Titan International 1Q19 Revenue Declines 3.5%; Ag Business Slips 1.3%

Alamo Posts Record Net Sales in 1Q19, But Ag Slips

AGCO Net Sales Down Less Than 1% in First Quarter

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