Deere & Co Reports Results for the Quarter Ended

Deere & Co reported quarterly adjusted earnings of $1.31 per share. The mean expectation of 19 analysts for the quarter ended January 31 was for earnings of $1.20 per share. * Revenue rose 47.2 percent to $6.91 billion from a year ago; analysts expected $6.42 billion. * Deere & Co’s Reported EPS for the quarter was a loss of $1.66. * The mean earnings estimate of analysts had risen by about 28.2 percent in the last three months. * In the last 30 days one analyst has negatively revised an earnings estimate and three analysts have revised earnings estimates upward. * Deere & Co shares had risen by 6.6 percent this quarter. * The Moline, Illinois-based company reported a quarterly loss of $535.1 million. * Deere & Co is a member of the S&P 500. This summary was generated February 16 at 11:56 a.m. GMT.

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