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Deere & Company tractor

News

What Deere & Company's Earnings Mean for Mutual Fund Investors (DE)

Shauna O'Brien Nov 26, 2014



Inside DE’s Q4 Results


The company reported earnings of $649.2 million, or $1.83 per share, down from $806.8 million, or $2.11 per share, last year. On average, analysts expected to see earnings of $1.57 per share.

Revenue
Revenue declined to $8.97 billion from $9.45 billion in the same quarter last year. Analysts expected to see earnings of $7.75 billion.

Outlook
Looking ahead, DE expects to see a 15% drop in sales in FY2015 and a 21% sales drop in the first quarter.


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