— 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
PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates
Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core
AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results
American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher
Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's
