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

Market news

21 May 2021

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

Deere (DE) reported Q2 FY 2021 earnings of $5.68 per share (versus $2.11 per share in Q2 FY 2020), beating analysts’ consensus estimate of $4.38 per share.

The company’s quarterly revenues amounted to $10.998 bln (+33.7% y/y), beating analysts’ consensus estimate of $10.270 bln.

DE rose to $358.00 (+0.78%) in pre-market trading.

USD/CNH still risks a move lower - UOB

EUR/USD: Above 1.2243 targets 1.2349, the 2021 high - Commerzbank

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