Deere (DE) reported Q1 FY 2021 earnings of $3.87 per share (versus $1.63 per share in Q1 FY 2020), beating analysts’ consensus estimate of $2.17 per share.
The company’s quarterly revenues amounted to $8.051 bln (+23.3% y/y), beating analysts’ consensus estimate of $7.120 bln.
DE rose to $308.00 (+2.58%) in pre-market trading.