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Deere Hurdles Estimates on Record Sales and Earnings, Falls on Guidance
Wednesday, May 15, 2013 - 11:07amDeere & Company (NYSE: DE) is down on Wednesday after posting record second-quarter sales and earnings, but missing the mark on guidance. The Moline, Illinois-based firm's EPS rose 5.7 percent to $2.76, topping expectations of $2.72. Revenue climbed nine percent year-over-year to $10.91...
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Despite Revenue Beat, Deere Shares Tumble
Wednesday, November 21, 2012 - 10:05amDeere & Company (NYSE: DE) reported its quarterly earnings Wednesday, posting a net income of $687 million, $1.75 per share. This is an improvement over the same quarter of last year, when the company's net income was $699.6 million and $1.62 per share. Still, those earnings fell short of...
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Deere Shares Punished on Earnings Miss
Wednesday, August 15, 2012 - 12:52pmDeere & Company (NYSE: DE), the world's largest equipment farm maker, announced lower-than-expected quarterly profits Wednesday. The company also lowered full-year guidance. Deere shares dropped in early-market trading down more than seven percent. Deere projected net income of $3.1 billion...
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