BMO Capital Upgrades Deere (DE) to Outperform

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Go back to BMO Capital Upgrades Deere (DE) to Outperform

Deere & Co. (DE) Tops Q2 EPS by 12c

May 20, 2016 6:47 AM EDT

Deere & Co. (NYSE: DE) reported Q2 EPS of $1.60, $0.12 better than the analyst estimate of $1.48. Revenue for the quarter came in at $7.88 billion versus the consensus estimate of $6.72 billion.

"John Deere's second-quarter performance reflected the continuing impact of the downturn in the global farm economy and further weakness in the construction equipment sector," said Samuel R. Allen,... More