Earnings

Deere (DE) earnings Q1 2020

0


An attendee passes in front of John Deere brand tractors displayed during the World Agriculture Expo in Tulare, California, on Tuesday, Feb. 12, 2019.

Patrick T. Fallon | Bloomberg | Getty Images

Deere on Friday reported an unexpected rise in profits in the first quarter, helped by early signs of stabilization in the U.S. farm sector.

For the quarter ended Feb. 2, it reported net income of $517 million or $1.63 per share, up from $498 million or $1.54 per share last year.

That compares with average analyst estimates, according to Refinitiv Eikon data, of $1.26 per share.



Source

Boston Beer’s Jim Koch defends hard seltzer investment as stock falls

Previous article

Deere tops forecasts on fourth quarter as it reiterates full-year view

Next article

You may also like

Leave a Reply

avatar
  Subscribe  
Notify of

More in Earnings