Deere: Fiscal Q2 Earnings Snapshot

MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — Deere & Co. (DE) on Thursday reported fiscal second-quarter earnings of $2.37 billion.

On a per-share basis, the Moline, Illinois-based company said it had net income of $8.53.

The results topped Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $7.86 per share.

The agricultural equipment manufacturer posted revenue of $15.24 billion in the period. Its adjusted revenue was $13.61 billion, also exceeding Street forecasts. Ten analysts surveyed by Zacks expected $13.26 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on DE at

Copyright © 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.

Federal News Network Logo
Log in to your WTOP account for notifications and alerts customized for you.

Sign up