— Deere & Company (NYSE: DE) reported Q1 2020 earnings of $1.63 per share, vs. $1.26 expected.
— Worldwide net sales and revenue fell 4% to $7.63 billion, vs. $6.42 billion expected.
— Net sales of Equipment Operations dropped 6% to $6.53 billion.
— Net sales of Agriculture & Turf fell 4% to $4.48 billion.
— Net sales of Construction & Forestry decreased 10% to $2 billion.
— FY2020 net income is expected to be $2.7 billion to $3.1 billion.
— FY2020 worldwide sales of agriculture and turf equipment are forecast to decline 5-10%.
— FY2020 worldwide sales of construction and forestry equipment are anticipated to be down 10-15%.
— DE shares were up 8% in premarket hours on Friday.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
