Shares of Deere DE rose 0.1% in pre-market trading after the company reported Q4 results.
Quarterly Results
Earnings per share were up 11.68% over the past year to $2.39, which beat the estimate of $1.49.
Revenue of $8,659,000,000 decreased by 0.51% from the same period last year, which beat the estimate of $7,680,000,000.
Outlook
Deere hasn't issued any earnings guidance for the time being.
Deere hasn't issued any revenue guidance for the time being.
Details Of The Call
Date: Nov 25, 2020
Time: 10:00 AM
Recent Stock Performance
Company's 52-week high was at $265.87
52-week low: $106.14
Price action over last quarter: Up 27.42%
Company Profile
Deere is the world's leading manufacturer of agricultural equipment with approximately $37 billion in annual revenue, including $3.6 billion from its financial services arm. The company is divided into two reportable segments: (1) agriculture and turf and (2) construction and forestry. Approximately 60% of Deere equipment is sold in North America and Canada. The principal products harvested by Deere equipment include grain, oilseeds, cotton, sugar, and biomass. In 2019, agriculture and turf made up approximately 68% of total revenue while construction and forestry generated 32%.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.