Company News: Deere (DE) quarterly results beat analysts’ expectations

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23 November 2016

Company News: Deere (DE) quarterly results beat analysts’ expectations

Deere reported Q4 FY 2016 earnings of $0.90 per share (versus $1.08 in Q4 FY 2015), beating analysts' consensus estimate of $0.39.

The company's quarterly revenues amounted to $5.650 bln (-4.8% y/y), beating analysts' consensus estimate of $5.363 bln.

DE rose to $102.55 (+11.46%) in pre-market trading.

U.S.: Initial Jobless Claims, 251

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