Deere And Co (DE) reported earnings for its fourth quarter that rose from last year.
The company's earnings came in at $1.28 billion, or $4.12 per share. This compares with $0.76 billion, or $2.39 per share, in last year's fourth quarter.
Analysts had expected the company to earn $3.90 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 16.4% to $11.33 billion from $9.73 billion last year.
Deere And Co earnings at a glance:
-Earnings (Q4): $1.28 Bln. vs. $0.76 Bln. last year.
-EPS (Q4): $4.12 vs. $2.39 last year.
-Analysts Estimate: $3.90
-Revenue (Q4): $11.33 Bln vs. $9.73 Bln last year.
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