Equipment

Earnings

1  -  25  of  57

June 7, 2016 - Industry News

Navistar Reports First Quarterly Profit in 3 Years

Orders for new HX vocational trucks and tractors are already at 70% of what was expected for the entire fiscal year, Navistar said. Photo: Navistar International

Strong parts sales offset slumps in other areas, but softening of the North American truck market will make continued profits doubtful, the company said.

Tags: Navistar, Financial Report, Earnings, Quarterly Report, Quarterly Earnings

May 3, 2016 - Industry News

Earnings Watch: Accuride Losses Widen, Cummins Profit Declines

Lower North American truck sales led to lower financials compared to a year ago for two Indiana-based companies.

Tags: Economy, Cummins, Accuride, Earnings

April 27, 2016 - Industry News

Wabash National Profit Soars Nearly 163% from Year Ago

Photo: Wabash National

Setting new records in a variety of different categories allowed trailer manufacturer Wabash National Corp. to report more than doubled first quarter profit over a year ago.

Tags: Economy, Trailers, Earnings, Wabash National

April 26, 2016 - Industry News

Earnings Watch: Paccar Loss; Allison Profit Falls

A European price-fixing investigation led to a first-quarter loss for truck and engine maker Paccar, while Allison Transmission reported lower numbers.

Tags: Kenworth, Paccar, Peterbilt, Allison Transmission, Earnings

April 22, 2016 - Industry News

Earnings Watch: Daimler, Volvo Profits Lower Amid Slower Truck Sales

Earnings for two of the world’s largest truck makers moved lower in the first quarter, according to earnings reports issued Friday.

Tags: Volvo, Economy, Freightliner, Western Star, Truck Sales, Mack Trucks, Daimler AG, Earnings, Daimler Trucks North America, Volvo Trucks North America, Global

March 8, 2016 - Industry News

Earnings Watch: Navistar Losses Decline, Hit $33 Million

Truck and engine manufacturer Navistar International Corp. on Tuesday surprised many analysts with its announcement that it narrowed its losses more than expected during its most recent fiscal quarter.

Tags: Economy, Navistar, International Trucks, Earnings

February 4, 2016 - Industry News

Earnings Watch: Cummins Profit Sinks, Daimler Soars

Profit for engine maker Cummins fell sharply in the final quarter of last year due to lower global demand, leading it to scale down plans for its new light-duty engines in North America, while Daimler AG saw record profits for 2015,

Tags: Economy, Cummins, Daimler AG, Earnings, Daimler Trucks North America, Global

October 27, 2015 - Industry News

Earnings Watch: Cummins, Paccar

A major OEM announced it is cutting its workforce even though it’s still well in the black as it released third quarter earnings this week while a truck and engine maker reported continued higher numbers.

Tags: Economy, Kenworth, Cummins, Paccar, Peterbilt, Earnings, Paccar Financial

July 29, 2015 - Industry News

Wabash Profit Increases, Meritor up on Adjusted Basis

Wabash's second quarter earnings showed a big leap in profitability from a year ago. Meritor results were hampered by a strong dollar and weak overseas markets but were up on an adjusted basis.

Tags: Economy, Trailers, Earnings, Wabash National, Meritor

July 27, 2015 - Industry News

Accuride Increases Second Quarter Profit

Truck component manufacturer Accuride achieved record profitability in the second quarter of the year and a big improvement from the first quarter.

Tags: Economy, Accuride, Earnings, Wheels

July 19, 2015 - Industry News

North America Helps Drive Volvo Profit Higher

The parent to Volvo Trucks North America, Sweden’s Volvo Group, saw its second quarter net income double from a year ago, due in part to increased North American sales.

Tags: Economy, Volvo Trucks, Earnings, Volvo Group

July 8, 2015 - Industry News

Alcoa Reports Higher Profit

The second quarter corporate earnings season kicked off Wednesday afternoon, with numbers from the truck wheel and lightweight metals producer Alcoa Inc. (AA) showing mixed results.

Tags: Earnings, Alcoa

June 4, 2015 - Industry News

Navistar Q2 Results Reveal Narrower Loss, Big Gain in Sales

International ProStar Class 8 on-highway tractor. Photo: Navistar

Navistar International has reported a second-quarter 2015 net loss of $64 million, which compares favorably to the net loss of $297 million that it incurred for the same period a year ago, and showed a 38% increase in sales of Class 6-8 trucks and buses.

Tags: Navistar, International Trucks, Earnings

May 12, 2015 - Industry News

Westport Reports Smaller Financial Loss

The Cummins Westport ISX12 G natural gas engine. Photo: Westport

Natural gas engine provider Westport Innovations Inc. said last week it thinned financial losses in the second quarter of the year despite a 30% drop in revenue.

Tags: Natural Gas Engines, Earnings, Cummins Westport, Westport Innovations, Engines

April 28, 2015 - Industry News

Cummins First Quarter Profit Increases 14%

Cummins Inc. reported its first quarter profit increased 14% from the same time a year ago, totaling $387 million, driven by stronger demand in on-highway markets and distributor acquisitions in North America.

Tags: Cummins, Earnings, Engines

April 27, 2015 - Industry News

Accuride Comes Close to First Quarter Profit

Truck component supplier Accuride Corp. nearly broke even the first quarter of the year after losing more money a year earlier.

Tags: Accuride, Earnings, Wheels, Gunite

April 23, 2015 - Industry News

Increased Truck Sales Push Rush Profit Higher

Rush says its aftermarket activity in the energy sector remained steady this quarter, but activity has started to decrease slightly. Photo: Rush Enterprises

A big jump in truck sales helped push profits higher in the first quarter for the network of dealerships under the Rush Enterprises banner.

Tags: Truck Sales, Rush Enterprises, Dealers, Earnings

April 21, 2015 - Industry News

Paccar Increases First Quarter Profit 38%

Paccar Inc. reported first quarter earnings of $378.4 million, a 38% gain from the same time a year ago, while net sales and financial services revenue increased 10% to $4.83 billion.

Tags: Paccar, Earnings, Global, DAF, Kenworth, Peterbilt

April 9, 2015 - Industry News

Alcoa Swings to Profit, Predicts Aluminum Wheel Market Growth

Alcoa reported strong profits for the first quarter, saying its transformation "is fully on course," and is bullish about the commercial vehicle market.

Tags: Alcoa, Earnings, Wheels

March 10, 2015 - Industry News

Commercial Vehicle Group Moves from Annual Loss to Profit

A supplier of cab-related products and systems for commercial trucks and other vehicles, Commercial Vehicle Group Inc., posted higher profits for the final quarter of 2014 while it moved back into the black for all of last year.

Tags: Commercial Vehicle Group, Earnings

March 9, 2015 - Industry News

Westport Innovations Trims Financial Losses Slightly

Natural gas engine and vehicle manufacturer Westport Innovations Inc. on Monday released earnings for the final quarter of last year and all of 2014 showing it lost less money in both periods while revenue declined.

Tags: Earnings, Cummins Westport, Westport Innovations

March 3, 2015 - Industry News

Navistar International Trims 1st Quarter Loss

Navistar's Lisle, Ill., headquarters. File photo.

Navistar International Corp. announced on Tuesday that it is still losing money, but nowhere near as much as it did a year earlier, thanks to higher sales and lower warranty costs.

Tags: Navistar, Earnings, Equity Markets

February 24, 2015 - Industry News

Donaldson Profit Falls Slightly in Most Recent Quarter

Donaldson released financial results for its fiscal second quarter ending at the close of January, showing a 14% drop in net earnings despite a small uptick in sales.

Tags: Earnings, Donaldson

February 19, 2015 - Industry News

Dana Holding More Than Doubles 4th Quarter Profit

The vehicle component manufacturer Dana Holding Corp. on Thursday reported net income for the final quarter of 2014 more than doubled from the same time a year earlier.

Tags: Dana Holding Corp., Earnings, Quarterly Report

February 18, 2015 - Industry News

Goodyear Quarterly Profit Leaps to More Than $2 Billion

Goodyear Tire & Rubber Co. on Tuesday announced its net income in the final quarter of 2014 skyrocketed above the level from the same time a year earlier, hitting $2.13 billion.

Tags: Goodyear, Earnings, Goodyear Tire & Rubber, Tires

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