The Toro Company (TTC) is scheduled to declare its fiscal 4Q16 earnings on December 8, 2016, for the quarter that ended on October 31, 2016.
The average 12-month target price on Donaldson (DCI) has risen from $29.80 at the beginning of 2016 to $36.00 on November 25, 2016.
During the Robert Baird Industrial Conference held on November 8 in Chicago, Donaldson (DCI) noted that it intends to add 1%–2% annual growth through acquisitions.
The Donaldson Company (DCI) is scheduled to declare its fiscal 1Q17 earnings on December 1, 2016. The company’s consensus revenue for fiscal 1Q17 is ~$535.7 million.
Deere (DE) expects year-over-year farm cash receipts in the United States to remain flat at ~$367.0 billion in 2017. In 2016, it sees cash receipts falling 6.0% over 2015.
In its 3Q16 earnings call, Deere (DE) talked about its plan to increase pre-tax profits by $500.0 million by 2018 through structural cost reductions.
Deere (DE) Financial Services represented 11.5% of the company’s revenues in 4Q16, which is higher than 9.7% in 4Q15.
Deere (DE) expects net sales in fiscal 2017 to fall 1.0% over fiscal 2016 sales of $26.6 billion. Wall Street analysts were expecting a larger fall of 3.0%.
Deere’s (DE) revenues in 4Q16 fell 3.0% YoY to $6.5 billion. Revenues in the equipment business, including agriculture and construction, fell 5.0%.
Deere’s (DE) cost of sales as a percent of net sales was 77.6% in 4Q16. SG&A (selling, general, and administrative) expenses rose 3.0% in the fourth quarter.
Deere (DE) released its fiscal 4Q16 earnings on November 23, 2016. It reported diluted EPS of $0.90 and crushed consensus estimates by $0.50.
Among the ratings listed in Thomson Reuters, ten analysts have a “hold” rating on Jacobs Engineering, five have a “buy” rating, and two have a “sell” rating.
After Donald Trump won the US presidential election, Jacobs Engineering (JEC) rose 9% on November 9. For now, the benefits are just speculation.
Jacobs Engineering’s backlog position rose by $440 million sequentially to $18.8 billion in 4Q16. It’s just 2% shy of the previous record of $19.1 billion.
In the 4Q16 earnings call, Jacobs Engineering provided its initial guidance for the adjusted EPS and a brief overview of the prevailing market conditions.
Jacobs Engineering Group declared its 4Q16 and fiscal 2016 results on November 22. It reported adjusted EPS (earnings per share) of $0.77.
Investors who took positions in Deere & Company (DE) at the beginning of 2016 would have made a 19.8% return on their investments as of November 11, 2016.
Based on the monthly retail figures, two-wheel drive tractors have reported decent YoY (year-over-year) gains in the United States and Canada throughout 2016.
Monthly retail figures for construction equipment sales released by Deere & Company and Caterpillar show a continued fall, despite the upturn in construction in 2016.
During his election campaign, Donald Trump’s brash talk about deporting immigrant laborers was persistent, much to the chagrin of even conservative farming communities.