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Titan Machinery Pushes to Reduce Inventories Following Tough 3QF14

December 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

Following a particularly difficult quarter where revenues rose only 1%, Titan Machinery, the Fargo, N.D.-based retailer of farm and construction equipment lowered its outlook for annual revenue, net income and earnings per share.

Deere Looks for a Slowdown in 2014; Still Better Than Many Expect

November 25, 2013 | Posted in Earnings Reports

Deere & Co.’s earnings report surprised more than a few analysts, but many aren’t buying into the company’s forecast for the year ahead, though it’s lower than their fiscal 2013 results.

Cervus Sees 11.5% 3Q Pick Up; Ag Sales Rise 9%

November 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

Cervus Equipment Corp. said its revenues rose by $26.8 million, or 11.5%, during the dealer group’s third quarter, ended September 30. Overall revenue for the period was $260.8 million vs. the same timeframe in 2012.

Kubota Revises Outlook Upward on Strong Earnings

November 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

Following an exceptionally strong first half of its fiscal year, Kubota Corp. said it is increasing its revenue and profit forecast for the full year ending March 31, 2014.

A Review of Specialty Equipment Makers Latest Earnings

November 1, 2013 | Posted in Data & Trends, Earnings Reports

While Ag Equipment Intelligence regularly reports on the earnings of the full-line farm equipment makers and publicly held dealership groups, we haven’t provided a lot of coverage of the specialty equipment manufacturers serving the ag and rural lifestyle equipment markets.

AGCO, CNH Ag Report Solid 3Qs; Flat Demand Ahead

November 1, 2013 | Posted in Earnings Reports

The world’s number two and three largest farm equipment manufacturers, CNH Industrial and AGCO Corp., put up pretty good numbers based on farm equipment sales for the third quarter of the year and year-to-date. At the same time, it doesn’t appear that either one are looking for big things in the months ahead.

CNH Industrial Fixes Dividend Target at 25-35% of Net Income

October 28, 2013 | Posted in Data & Trends, Earnings Reports

During its pitch to potential investors September 26-30, executives of the newly formed CNH Industrial said the long-term focus of the merged CNH Global and Fiat Industrial group is "Stable, value maximizing capital structure with shareholder friendly distribution policy."

Despite Production Disruptions, ARGO Posts Solid Results

October 1, 2013 | Posted in Earnings Reports

Despite challenging market conditions and the trauma of an earthquake in 2012, the manufacturer of Landini, McCormick and Valpadana tractors continued to improve its profitability through increased efficiencies.

Titan Machinery Cites Declining Customer Sentiment for Reducing Outlook

September 16, 2013 | Posted in Earnings Reports

Despite posting hefty revenue gains through the second quarter and first half of its 2014 fiscal year, Titan Machinery cut its full-year outlook to $2.25-$2.45 billion from its earlier forecast of $2.35-$2.55 billion. Titan, whose biggest brand of ag and construction equipment is Case IH, has 109 locations in the U.S. and Eastern Europe.

Titan Machinery Cites Declining Customer Sentiment for Reducing FY Outlook

September 1, 2013 | Posted in Earnings Reports, Equipment & Equipment Sales

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Earnings Reports
RSS

Titan Machinery Pushes to Reduce Inventories Following Tough 3QF14

Deere Looks for a Slowdown in 2014; Still Better Than Many Expect

Cervus Sees 11.5% 3Q Pick Up; Ag Sales Rise 9%

Kubota Revises Outlook Upward on Strong Earnings

A Review of Specialty Equipment Makers Latest Earnings

AGCO, CNH Ag Report Solid 3Qs; Flat Demand Ahead

CNH Industrial Fixes Dividend Target at 25-35% of Net Income

Despite Production Disruptions, ARGO Posts Solid Results

Titan Machinery Cites Declining Customer Sentiment for Reducing Outlook

Titan Machinery Cites Declining Customer Sentiment for Reducing FY Outlook

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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

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

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