- Company News: Deere (DE) quarterly earnings miss analysts’ estimate
Notícias do Mercado
17 maio 2019
Company News: Deere (DE) quarterly earnings miss analysts’ estimate
Deere (DE) reported Q2 FY 2019 earnings of $3.52 per share (versus $3.14 in Q2 FY 2018), missing analysts’ consensus of $3.52.
The company’s quarterly revenues amounted to $10.273 bln (+5.4% y/y), generally in line with analysts’ consensus estimate of $10.190 bln.
The company also issued lowered guidance for FY 2019, projecting revenues of +5% (from +7%) to $35.02 bln versus analysts’ consensus estimate of $35.52 bln.
DE fell to $139.50 (-4.45%) in pre-market trading.
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