Month: December 2020

December 15, 2020

Deere Smashes Q1 Earnings Forecast, Boosts 2021 Profit Outlook; Shares Surge To Record High

Deere & Co. (DE) – Get Report posted much stronger-than-expected first quarter earnings Friday, and boosted its 2021 profit forecast, amid an improving outlook for equipment sales in a recovering global economy. Deere said earnings for the three months ending in January, the group’s fiscal first quarter, came in at $3.87 per share, up 137% from the same period last year and firmly ahead of […]