Home / Topics / Earnings Reports

Earnings Reports
RSS

Big Acquisition Helped Dana Lift Off-Highway 2019 Revenues

March 25, 2020 | Posted in Earnings Reports

A $630 million revenue bonus from last year’s acquisition of the Oerlikon group’s drive systems operation helped Dana Inc., increase turnover with off-highway and commercial vehicle OEMs in 2019, despite markets for heavy equipment turning soft during the latter part of the 12 month period.

Raven Industries Reports Net Sales Down 2.6% in 4QFY20, Down 5.9% in FY20

March 23, 2020 | Posted in Earnings Reports

Consolidated net sales for the fourth quarter of fiscal 2020 were $85.8 million, down 2.6% vs. the fourth quarter of fiscal 2019. The year-over-year decline was driven by Engineered Films.

Deere Withdraws 2020 Financial Outlook

March 23, 2020 | Posted in Earnings Reports

In response to the coronavirus outbreak, Deere (NYSE:DE) withdraws its 2020 financial guidance saying the ultimate magnitude of the outbreak’s effects “could be material” but will be determined over time.

AGCO Provides Update on Impact of COVID-19; Withdraws Sales & Earnings Guidance

March 23, 2020 | Posted in Earnings Reports

In light of the COVID-19 virus outbreak and the lack of certainty of both the duration and magnitude of its impacts, AGCO is withdrawing its sales, earnings and other guidance. Production has been significantly reduced or suspended in several of the company’s European facilities, largely due to material shortages and constraints in the European supply chain.

Cervus Equipment Posts 24% Decline in Full Year Ag Equipment Sales

March 13, 2020 | Posted in Earnings Reports

Cervus Equipment, one of John Deere’s largest retailers of farm machinery in Canada, reported that 2019 revenue declined 16% for the full year, driven by a 22% decrease in equipment revenue, partly offset by a 6% increase in product support revenue.

Growth in North America Sales Helps Iseki Offset Asian Losses

March 13, 2020 | Posted in Earnings Reports

Iseki sales of agricultural and groundscare tractors, implements and self-propelled machines were down 3.9% in 2019, close to 2015 levels as taxation changes in Japan, currency impact in Europe and high inventory in China depressed demand.

Rocky Mountain Dealerships’ 4Q19 and Full Year Sales Fall 26%

March 11, 2020 | Posted in Earnings Reports

Rocky Mountain Dealerships (RME) reported on March 11 that its fourth quarter 2019 sales declined 26%, which was just slightly better than full year results that saw sales drop by 26.3%.

Lindsay’s Irrigation Equipment Sales Continue to Slide

March 11, 2020 | Posted in Earnings Reports

Following a 2018 reversal in declining revenues from sales of irrigation equipment, managers at Lindsay Corp. (NYSE: LNN) had to report a 2019 return to the downward trend that has seen revenues fall $100 million over the past 5 years.

Return to Compact Tractor Market Helps Lift Bobcat Revenues

March 11, 2020 | Posted in Earnings Reports

Returning to the compact tractor market in North America last year helped Doosan Bobcat Inc., record a 5.4% increase in fourth quarter 2019 sales and contributed to a 7.2% rise in full year sales to $3.8 billion.

Titan International Reports 17% Drop in 4Q19 Net Sales

March 4, 2020 | Posted in Earnings Reports

Titan International Inc. (TWI), a global manufacturer of agricultural and other off-highway wheels, tires, assemblies, and undercarriage products, reported results for the fourth quarter and year ended Dec. 31, 2019.

Image of a desktop, a phone, and newspaper

Get all things Ag Equipment Intelligence all the time!

Start Your Membership

Current Issue

Ag Equipment Intelligence

Each monthly issue of Ag Equipment Intelligence is like getting one-on-one personal advice from the world's most trusted ag equipment industry experts. Advice that hasn't been watered down or distorted by outside influence, providing the latest and most insightful farm equipment analysis. AEI explores where the ag equipment industry is going — not just where it's been. No filler. No bias. No conflict of interest. You can access the PDF issue archive by clicking here.

Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

Must Read Free Eguides

Download these helpful knowledge building tools

Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.

I am interior.sidebar.ad.5 EC area

Earnings Reports
RSS

Big Acquisition Helped Dana Lift Off-Highway 2019 Revenues

Raven Industries Reports Net Sales Down 2.6% in 4QFY20, Down 5.9% in FY20

Deere Withdraws 2020 Financial Outlook

AGCO Provides Update on Impact of COVID-19; Withdraws Sales & Earnings Guidance

Cervus Equipment Posts 24% Decline in Full Year Ag Equipment Sales

Growth in North America Sales Helps Iseki Offset Asian Losses

Rocky Mountain Dealerships’ 4Q19 and Full Year Sales Fall 26%

Lindsay’s Irrigation Equipment Sales Continue to Slide

Return to Compact Tractor Market Helps Lift Bobcat Revenues

Titan International Reports 17% Drop in 4Q19 Net Sales

Get all things Ag Equipment Intelligence all the time!

Top Articles

Current Issue

Ag Equipment Intelligence

Claas Doubles Business in 5 Years, as Predicted

AGCO Pushes Dealer Purity, Cuts Production Amid Low Demand

Aftermarket Marks Bright Spot for Dealers in 2025 Forecast

Must Read Free Eguides

Videos

Dealers Expect Parts & Service Growth in 2025, Declines in Equipment Sales

Earnings Reports RSS

Get all things Ag Equipment Intelligence all the time!

Top Articles

Current Issue

Must Read Free Eguides

Videos

Earnings Reports
RSS