Deere (DE) reported higher-than-expected profits and revenues in the fiscal second quarter. The company manufactures and distributes equipment used in agriculture, construction, forestry, and turf care. Shares of the company rose 1.3% to close at $359.75 on May 21. Revenues of $12.06 billion surpassed the Street’s estimates of $10.44 billion and jumped 30% from the year-ago period. Earnings came in at $5.68 per share, beating the consensus estimates of $4.52 per share. Net sales soared 34% year-over-year. Deere CEO John C.
https://www.tipranks.com/news/deere-delivers-strong-q2-results-street-says-buy
Deere (NYSE:DE)
Historical Stock Chart
From Jul 2021 to Aug 2021 Click Here for more Deere Charts.
Deere (NYSE:DE)
Historical Stock Chart
From Aug 2020 to Aug 2021 Click Here for more Deere Charts.