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

Market news

21 August 2020

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

Deere (DE) reported Q3 FY 2020 earnings of $2.57 per share (versus $2.71 per share in Q3 FY 2019), beating analysts’ consensus estimate of $1.25 per share.

The company’s quarterly revenues amounted to $7.859 bln (-12.4% y/y), beating analysts’ consensus estimate of $6.703 bln.

DE rose to $194.04 (+1.54%) in pre-market trading.

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