The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how agricultural machinery stocks fared in Q4, starting with Alamo (NYSE:ALG).
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at agricultural machinery stocks, starting with Lindsay (NYSE:LNN).
Let’s dig into the relative performance of The Toro Company (NYSE:TTC) and its peers as we unravel the now-completed Q4 agricultural machinery earnings season.
Wrapping up Q4 earnings, we look at the numbers and key takeaways for the agricultural machinery stocks, including Titan International (NYSE:TWI) and its peers.
Agricultural and farm machinery company Titan (NSYE:TWI) missed Wall Street’s revenue expectations in Q4 CY2024, with sales falling 1.7% year on year to $383.6 million. On the other hand, next quarter’s outlook exceeded expectations with revenue guided to $475 million at the midpoint, or 1.9% above analysts’ estimates. Its GAAP profit of $2 per share was significantly above analysts’ consensus estimates.
Titan International has been treading water for the past six months, recording a small return of 1.9% while holding steady at $8.40. The stock also fell short of the S&P 500’s 12.6% gain during that period.
Over the last six months, Titan International’s shares have sunk to $7.50, producing a disappointing 10.7% loss - a stark contrast to the S&P 500’s 9.3% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including The Toro Company (NYSE:TTC) and its peers.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at agricultural machinery stocks, starting with Alamo (NYSE:ALG).
As the Q3 earnings season wraps, let’s dig into this quarter’s best and worst performers in the agricultural machinery industry, including AGCO Corporation (NYSE:AGCO) and its peers.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the agricultural machinery industry, including Deere (NYSE:DE) and its peers.
Looking back on agricultural machinery stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Lindsay (NYSE:LNN) and its peers.
Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Titan International (NYSE:TWI) and the best and worst performers in the agricultural machinery industry.
Agricultural and farm machinery company Titan (NSYE:TWI) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 11.5% year on year to $448 million. Next quarter’s revenue guidance of $400 million underwhelmed, coming in 13.1% below analysts’ estimates. Its GAAP loss of $0.25 per share was also 2,600% below analysts’ consensus estimates.
