Deere: Q2 Earnings Insights

 

Shares of Deere (NYSE:DE) moved higher by 0.8% in pre-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share rose 169.19% over the past year to $5.68, which beat the estimate of $4.52.

Revenue of $12,058,000,000 up by 30.31% from the same period last year, which beat the estimate of $10,440,000,000.

Outlook

Deere raised its FY21 net income guidance from $4.6 billion-$5 billion to $5.3 billion-$5.7 billion.

Conference Call Details

Date: May 21, 2021

Time: 10:00 AM

Technicals

52-week high: $400.34

52-week low: $138.11

Price action over last quarter: Up 6.07%

Company Overview

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