— 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
Earnings calendar for the week of January 25
Leading stock indices continued the recent rally this week, with S&P 500 and Dow Jones Industrial Average setting new records helped mainly by the tech sector. Also, the overall sentiment
COVID-related medical costs may weigh on UnitedHealth’s performance this year
The health insurance sector has been facing multiple challenges from the virus crisis, but market-leading healthcare firm UnitedHealth Group (NYSE: UNH) maintained stable financial performance as customers of its core
United Airlines (UAL): International travel expected to make quicker recovery than domestic
United Airlines Holdings Inc. (NYSE: UAL) had a tough time in 2020 and its CFO literally bid “good riddance” to the year on its quarterly conference call. The company reported
Comments
Comments are closed.