Deere Announces First-Quarter Earnings of $194 Million
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Deere & Co. (DE) Tops Q1 EPS by 7c
February 17, 2017 6:46 AM ESTDeere & Co. (NYSE: DE) reported Q1 EPS of $0.61, $0.07 better than the analyst estimate of $0.54. Revenue for the quarter came in at $4.7 billion versus the consensus estimate of $4.67 billion.
"John Deere has started out the year on a positive note in the continued face of soft market conditions,\" said Samuel R. Allen, chairman and chief executive officer. "Although the quarter"'s sales and earnings were somewhat lower than last year, all of our businesses remained solidly profitable. Deere's performance showed further benefits from the sound... More
