Deere Shares Drop Despite Q2 Earnings Beat
The company's farm equipment sales held up better than construction equipment amid the coronavirus pandemic.
Deere Profits Jump 50% to Record $1.21B
"We believe Deere is well-positioned to capitalize on further growth in the world's agricultural and construction equipment markets," CEO Samuel Allen says.
Deere Posts 5th Best Year for Sales, Earnings
After some lean years for agricultural machinery sales, farmers are “buying equipment again to replenish aging fleet."
Deere Beats Estimates With $802M Profit in Q2
The company sees "signs of further stabilization" in market conditions as it reports its first sales increase in 13 quarters.
Deere Raises Sales Growth Outlook for 2017
“We are seeing signs that after several years of steep declines key agricultural markets may be stabilizing."