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

Market news

21 February 2020

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

Deere (DE) reported Q1 FY 2020 earnings of $1.63 per share (versus $1.54 per share in Q1 FY 2019), beating analysts' consensus estimate of $1.27 per share.

The company's quarterly revenues amounted to $6.530 bln (-5.9% y/y), beating analysts' consensus estimate of $6.173 bln.

DE rose to $176.00 (+6.13%) in pre-market trading.

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