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- Company news: Deere’s (DE) quarterly results top analysts’ estimates
Ekonomické zprávy
15.02.2024
Company news: Deere’s (DE) quarterly results top analysts’ estimates
Deere (DE) reported Q1 FY2024 earnings of $6.23 per share (versus $6.55 per share in Q1 FY2023), beating analysts’ consensus estimate of $5.26 per share.
The company’s quarterly revenues amounted to $10.486 bln (-8.00% y/y), beating analysts’ consensus estimate of $10.303 bln.
The company also said its FY2024 net income is forecasted to be in the range between $7.50 bln to $7.75 bln.
DE fell to $372.80 (-3.11%) in pre-market trading.
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