Deere & Co. (DE) Tops Q1 EPS by 7c

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Go back to Deere & Co. (DE) Tops Q1 EPS by 7c

Deere Announces First-Quarter Earnings of $194 Million

February 17, 2017 6:45 AM EST

MOLINE, Ill., Feb. 17, 2017 /PRNewswire/ -- Net income attributable to Deere & Company (NYSE: DE) was $193.8 million, or $0.61 per share, for the first quarter ended January 29, compared with $254.4 million, or $0.80 per share, for the period ended January 31, 2016. Worldwide net sales and revenues for the first quarter increased 2 percent, to $5.625 billion, compared with $5.525 billion last year. Net sales of the equipment operations were $4.698 billion for the quarter compared with $4.769 billion a year ago.

"John Deere has started out the year on a positive note in the continued face of soft market conditions," said... More