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Dealers Cervus & Rocky Mountain Post Mixed 2Q Results

August 1, 2015 | Posted in Earnings Reports

Western Canada’s two publicly held farm equipment dealerships, Rocky Mountain Dealerships and Cervus Equipment Corp., reported second-quarter earnings one day apart, and results for both reflect the ongoing sluggishness of farm machinery sales throughout North America.

Kubota’s FY2015 Revenues Rise 5.2%; Continues Its Push into Big Ag

July 1, 2015 | Posted in Data & Trends, Earnings Reports

On the heels of a 5.2% increase in revenues during its fiscal year 2015, Kubota Corp. says it plans to push ahead with further expansion into the large ag machinery market.

Titan Machinery’s Results Surpass Analysts’ Target

June 1, 2015 | Posted in Earnings Reports

While Titan Machinery saw its first quarter 2016 revenue drop by 24% vs. the same quarter last year, its earnings per share of $0.13 surpassed analysts’ forecast of $0.09.

Midwest Farm Lending Up $8.1 Billion in 1Q15

May 1, 2015 | Posted in Data & Trends, Earnings Reports

Loan volumes for almost all farming purposes rose at commercial banks, as many producers contended with tighter profit margins, according to the April 2015 edition of the Agricultural Finance Databook from the Federal Reserve Bank of Kansas City.

Titan Machinery 4Q, Full-Year Financials Show Strong Cash Generation, Balance Sheet Strength

April 16, 2015 | Posted in Earnings Reports

Following the release and conference call with analysts, Ag Equipment Intelligence interviewed David Meyer, Titan's chairman and CEO, and Mark Kalvoda, the company's CFO, to discuss the progress that the 108-location dealership group has made.

Drop in Ag Equipment Sales Continues

March 1, 2015 | Posted in Data & Trends, Earnings Reports

North American large ag equipment sales continued to decline in February, but did see a slight improvement in some categories compared to the previous month, according to the Assn. of Equipment Manufacturers.

Krone’s 2014 Equipment Sales Slip 3%

March 1, 2015 | Posted in Earnings Reports

The steady upward trajectory of hay equipment sales by Krone has been interrupted by a 3% dip in revenues for its 2014 financial year.

Rocky Mountain Dealerships Posts 1% 4Q14 Sales Gain; Down 4% for Year

March 1, 2015 | Posted in Data & Trends, Earnings Reports

Rocky Mountain Dealerships reported its fourth quarter sales were up 1% compared to the same period a year earlier, but full-year 2014 sales slipped 4% compared with 2013. Case IH’s largest dealer group in Canada, with 40 locations, released its earnings on March 10.

Cervus Equipment’s Ag Revenues Rise 7% for Full Year, 9% in 4Q14

March 1, 2015 | Posted in Earnings Reports

Cervus Equipment reported on March 12 that it finished 2014 with a 7% increase in revenues from the sale of farm machinery. Cervus, with 35 dealerships throughout western Canada, Australia and New Zealand, is one of John Deere’s largest dealer groups.

CNHI Lowers Outlook for 2015 Further

February 1, 2015 | Posted in Earnings Reports

After reporting a 3.8% fall in consolidated revenues to $32.6 billion and a drop in net sales of 4.5% to $31.2 billion, CNH Industrial expects it sales of tractors and combines to fall more than its previous forecast.

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Earnings Reports
RSS

Dealers Cervus & Rocky Mountain Post Mixed 2Q Results

Kubota’s FY2015 Revenues Rise 5.2%; Continues Its Push into Big Ag

Titan Machinery’s Results Surpass Analysts’ Target

Midwest Farm Lending Up $8.1 Billion in 1Q15

Titan Machinery 4Q, Full-Year Financials Show Strong Cash Generation, Balance Sheet Strength

Drop in Ag Equipment Sales Continues

Krone’s 2014 Equipment Sales Slip 3%

Rocky Mountain Dealerships Posts 1% 4Q14 Sales Gain; Down 4% for Year

Cervus Equipment’s Ag Revenues Rise 7% for Full Year, 9% in 4Q14

CNHI Lowers Outlook for 2015 Further

Get all things Ag Equipment Intelligence all the time!

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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

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

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Earnings Reports
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