Deere And Co (DE) revealed a profit for its fourth quarter that climbed from last year.
The company's profit totaled $784.8 million, or $2.42 per share. This compares with $510.3 million, or $1.57 per share, in last year's fourth quarter.
Excluding items, Deere And Co reported adjusted earnings of $747.7 million or $2.30 per share for the period.
Analysts had expected the company to earn $2.45 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 17.5% to $9.42 billion from $8.02 billion last year.
Deere And Co earnings at a glance:
-Analysts Estimate: $2.45
-Revenue (Q4): $9.42 Bln vs. $8.02 Bln last year.
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