BofA/Merrill Lynch Upgrades Deere (DE) to Neutral
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Deere Announces Second-Quarter Earnings of $690 Million
May 22, 2015 7:00 AM EDT- Slowdown in global farm economy leads to lower sales and earnings.
- Well-rounded business lineup supports performance.
- Results aided by solid execution and cost management.
- Full-year earnings forecast increased to $1.9 billion.
MOLINE, Ill., May 22, 2015 /PRNewswire/ -- Net income attributable to Deere & Company (NYSE: DE) was $690.5 million, or $2.03 per share, for the second quarter ended April 30, compared with $980.7 million, or $2.65 per share, for the same period last year.
For the first six months of the year, net income attributable to Deere & Company was $1.077 billion, or... More
