Deere's shares hit all-time high on unexpected rise in quarterly profit

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Go back to Deere's shares hit all-time high on unexpected rise in quarterly profit

Deere & Co. (DE) Gains 6% Following Q1 Beat

February 21, 2020 8:01 AM EST

Deere & Co. (NYSE: DE) gains 6.4% following better-than-expected first-quarter results this morning.

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Deere & Co. (DE) Tops Q1 EPS by 37c, Revenues Beat

February 21, 2020 6:49 AM EST

Deere & Co. (NYSE: DE) reported Q1 EPS of $1.63, $0.37 better than the analyst estimate of $1.26. Revenue for the quarter came in at $7.63 billion versus the consensus estimate of $6.42 billion.

Net income rises 4% on 6% decline in net sales.U.S. farm sector shows early signs of stabilization.Full-year earnings forecast unchanged.

"John Deere's... More