Deere & Co’s share fell 1.8% to a three-month low in pre-conference trading, despite announcing earnings and earnings for the second quarter that exceeded estimates, as strong demand helped offset pressure on supply chain. Net income rose to $ 2.10 billion, or $ 6.81 a share, from $ 1.79 billion, or $ 5.68, a year […]
Tag: Deere & Co
Deere & Co: Best-in-quarter earnings and sales estimates
Deere & Co’s share of pre-conference trading rose 0.6%, as the agricultural and construction equipment company announced earnings and first-quarter sales that exceeded estimates, amid the strong activities of Production & Precision Ag. Net income for the quarter ended Jan. 30 fell to $ 903 million, or $ 2.92 a share, from $ 1.22 billion, […]
Deere Beats Prediction For Fourth Quarter Earnings; Expects Positive Results For 2021
Deere & Co. reported higher than expected earnings for the fourth quarter with a 5% year-on-year increase in profit early Wednesday. The company expects positive results for 2021 with an estimated net income of $3.6 to $4 billion.
Key Corporate Earnings Reports To Watch This Week: Best Buy, Dell Technologies & More
Even as Wall Street prepares for a week shortened by Thursday’s Thanksgiving, investors should be keeping an eye on the upcoming key corporate earnings reports set to release this week.
Deere rises after tractor-maker reports better-than-expected earnings, says farming stabilizing
A Deere & Co. John Deere 9560 combine harvester unloads soft red winter (SRW) wheat during a harvest in the village of Kirkland in Dekalb, Illinois, July 9, 2018. Daniel Acker | Bloomberg | Getty Images Shares of Deere spiked Friday morning after the agriculture company topped estimates for its fiscal first quarter and said […]