Tag: earnings: Page 4

Business

Navistar loses $247 million in Q3, cuts 500 employees from workforce

Navistar’s efforts to restore the company’s profitability took a logical yet unenviable turn Tuesday as the company announced plans to trim its workforce by 500 employees. The cuts were announced as part of Navistar’s earnings report Tuesday morning, where the company reported a third quarter 2013 net loss of $247 million—down significantly from a net […]

September 4, 2013

Business

John Deere reports record profits in 2nd quarter; construction equipment expected to continue decline

Attributing the news to higher sales of farm equipment, John Deere is reporting its highest ever quarterly net profit of $1.084 billion in the second quarter ending April 30. Compared to the same quarter a year ago, profit was up 2.6 percent from $1.056 billion. For the first six months of the fiscal year starting […]

May 15, 2013

Business

Sunbelt Rentals posts 21% revenue gain for FY Q1-Q3

Sunbelt Rentals has reported $1.368 billion in total revenue for the first three quarters of fiscal 2013 through January 31, up 21 percent from $1.130 billion for the previous year’s first nine months, Rental Equipment Register (RER) reported. EBITDA for the nine-month period was $571.5 million, an increase of 37 percent from $416.5 million for […]

March 8, 2013

Business

Ritchie Bros. sees increased auction earnings, big boosts online in 2012

Ritchie Bros. Auctioneers announced today that it brought in net earnings of $82.6 million in 2012, a 12 percent increase from adjusted earnings in 2011. The company notes that without its purchase of AssetNation, which it used to build its new EquipmentOne equipment sales website, net earnings would have been an improvement of 17 percent. […]

February 26, 2013

Business

Terex income and sales up in 2012 despite Q4 declines

Terex announced today income of $103.6 million on sales of $7.3 billion in 2012. Both marks are increases over 2011. Income was up 60 percent over the $38.6 million made in 2011, while sales were up 12 percent over 2011’s $6.5 billion. Fourth quarter 2012 net sales were down 13.3 percent from same period in […]

February 20, 2013

Business

John Deere reports record first quarter income of $650 million

John Deere released its first quarter earnings report this morning, announcing a record $650 million in income as of January 31. That’s a whopping 21 percent increase over profits for the same quarter last year. The big gains in income are largely due to a 16 percent sales increase in Deere’s Agriculture and Turf division. […]

February 13, 2013

Roadbuilding

Granite Construction Q4 2009 results: Revenue down 27%, net income down 40% but balance sheet strong

Watsonville, Calif. -based Granite Construction Inc. on Feb. 24 reported it’s fourth-quarter 2009 quarterly and full-year earnings, showing that the major construction company hasn’t escaped the recession unscathed but it’s still doing well despite the current tough economy. (Click here for the full press release on Granite Construction.) “We delivered the goods on our projects in 2009 […]

February 25, 2010

Roadbuilding

Vulcan releases 4th-quarter results

Vulcan Materials Company announced results on Feb. 8 for the fourth quarter and full year ended Dec. 31, 2009. For the full press release, including tables and a breakdown of earnings, click here: Vulcan_4Q2009PressRelease. The following are the fourth quarter summary and comparisons with the prior year: · Net earnings from continuing operations were a […]

February 8, 2010