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Deere & Company (DE) Posts Q2 EPS of $2.12, Beats by 6c; Guides Q3, FY11 Equipment Sales

May 18, 2011 7:02 AM
Deere & Company (NYSE: DE) reported Q2 EPS of $2.12, $0.06 better than the analyst estimate of $2.06. Revenue for the quarter came in at $8.91 billion versus the consensus estimate of $8.14 billion.

Sees Q3 equipment sales up about 20%.

Sees FY11 equipment sales up 21-23%.

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