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Deere And Co Bottom Line Rises In Q1

Deere And Co (DE) reported earnings for its first quarter that climbed from the same period last year.

The company's bottom line came in at $1.22 billion, or $3.87 per share. This compares with $0.52 billion, or $1.63 per share, in last year's first quarter.

Analysts had expected the company to earn $2.16 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 19.4% to $9.11 billion from $7.63 billion last year.

Deere And Co earnings at a glance:

-Earnings (Q1): $1.22 Bln. vs. $0.52 Bln. last year.
-EPS (Q1): $3.87 vs. $1.63 last year.
-Analysts Estimate: $2.16
-Revenue (Q1): $9.11 Bln vs. $7.63 Bln last year.

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