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Articles Tagged with ''farm equipment manufacturer earnings report''

Deere Reports Net Sales Down 18% in 2QFY20

May 22, 2020 | Posted in Earnings Reports
Deere & Company reported net income of $665.8 million for the second quarter ended May 3, 2020, compared with net income of $1.135 billion for the quarter ended April 28, 2019. For the first six months of the year, net income attributable to Deere & Company was $1.182 billion compared with $1.633 billion for the same period last year.
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AGCO, CNHI Report Revenues Down in 2019

February 13, 2020 | Posted in Earnings Reports
2019 saw both AGCO and CNH Industrial finish in the red. Both reported consolidated revenues down for the full year, as well as in 4Q19. AGCO also reported negative impacts from the late harvest and low crop production in the U.S., while CNH Industrial experienced lower industry volumes in North America and Rest of World (RoW) markets.
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CNHI Reports 4Q19 Revenues Down 6%

February 7, 2020 | Posted in Earnings Reports
CNH Industrial N.V. has reported fourth quarter and full year 2019 results for the period ended Dec. 31, 2019, stating that in the fourth quarter of 2019, consolidated revenues were $7.7 billion, down 6% compared to the fourth quarter of 2018. Consolidated revenues were $28.1 billion for the full year 2019, down 6% compared to 2018.
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AGCO Reports Net Sales Down 3% in 4Q19

February 6, 2020 | Posted in Earnings Reports
AGCO, a manufacturer and distributor of agricultural equipment and solutions, reported net sales of approximately $2.5 billion for the fourth quarter of 2019, a decrease of approximately 3% compared to the fourth quarter of 2018.
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AGCO Aims for $2 Billion in Precision Ag Business by 2029

AGCO Aims for $2 Billion in Precision Ag Business by 2029

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. 

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