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

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

Deere & Company tractor
Shares of Deere & Company (DE) were down on Wednesday morning after the company posted lower fourth quarter results and a weak outlook.

Inside DE’s Q4 Results

Earnings

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.

Mutual Funds to Watch

For investors seeking exposure to Deere & Company without purchasing the individual stock, a mutual fund from the list below may be a good choice. The following funds currently hold the largest stake in DE.

The Bottom Line

By investing in any of the funds above, investors can gain exposure to DE as well as diversified bundle of other securities and industries. Investors interested in DE may also be interested in Caterpillar (CAT) and Home Depot (HD).

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Deere & Company tractor

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

Shares of Deere & Company (DE) were down on Wednesday morning after the company posted lower fourth quarter results and a weak outlook.

Inside DE’s Q4 Results

Earnings

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.

Mutual Funds to Watch

For investors seeking exposure to Deere & Company without purchasing the individual stock, a mutual fund from the list below may be a good choice. The following funds currently hold the largest stake in DE.

The Bottom Line

By investing in any of the funds above, investors can gain exposure to DE as well as diversified bundle of other securities and industries. Investors interested in DE may also be interested in Caterpillar (CAT) and Home Depot (HD).

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Popular Articles

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.

Why 30 trillion is invested in mutual funds book

Download our free report

Find out why $30 trillon is invested in mutual funds.


Read Next