Deere (DE) reported Q2 FY 2020 earnings of $2.11 per share (versus $3.52 per share in Q2 FY 2019), beating analysts’ consensus estimate of $1.62 per share.
The company’s quarterly revenues amounted to $8.224 bln (-19.9% y/y), beating analysts’ consensus estimate of $7.679 bln.
DE rose to $145.00 (+1.53%) in pre-market trading.