Art's-Way Manufacturing swings to Q3 loss as modular buildings revenue declines, margins come under pressure

Art's Way Manufacturing

09/10/2026 18:16

Overview
US equipment maker's fiscal Q3 revenue fell 12.7% yr/yr
Company posted net loss and negative EPS for fiscal Q3, versus profit last year
Lower Modular Buildings revenue due to project timing; agricultural equipment sales rose

Outlook
Company expects strong Modular Buildings backlog to support results through end of fiscal 2027
Art's-Way sees continued margin pressure from rising material and operating costs
Company anticipates ongoing strong demand for livestock equipment amid elevated dealer inventories

Result Drivers
AGRICULTURAL EQUIPMENT DEMAND - Co said strong livestock prices led to increased demand for grinder mixers, manure spreaders and bale processors
MODULAR BUILDINGS BACKLOG - Co said reduced Modular Buildings revenue in Q3 was due to timing of revenue recognition, with backlog at record levels
RISING COSTS - Co said rising material and operating costs pressured margins in both segments

Company press release: Full Story

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Loss Per Share
 
$0.03
 

Reuters Recommended Reads
Oct 8 - US farm debt is at a record. Official data might be undercounting it
Oct 9 - New Trump rules will make it harder for farmers to access US funds for energy projects
Oct 9 - US sugar production revised down on poor beet, cane crops

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

Press Release https://www.sec.gov/Archives/edgar/data/7623/000143774926032423/ex_1024122.htm
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)