Company News: Deere (DE) Q4 profit beats analysts’ forecast

Market news

25 November 2015

Company News: Deere (DE) Q4 profit beats analysts’ forecast

Deere (DE) reported Q4 earnings of $1.08 per share (versus $1.83 in Q4 FY 2014), beating analysts' consensus of $0.74.

The company's revenues amounted to $5.932 bln (-26.2% y/y), slightly missing consensus estimate of $6.110 bln.

DE rose to $79.75 (+4.47%) in pre-market trading.

Industrial turnover in Italy drops at a seasonally adjusted rate of 0.1% in September

U.S.: Continuing Jobless Claims, November 2207 (forecast 2164)

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