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Deere's stock surges toward record after profit and sales beats, upbeat outlook
Shares of Deere & Co. DE, -0.46% surged 4.4% toward a record high in premarket trading Friday, after the agriculture and construction equipment maker reported fiscal third-quarter profit and revenue that were well above expectations, while providing a somewhat upbeat outlook. Net income for the quarter to Aug. 2 fell to $811 million, or $2.57 a share, from $899 million, or $2.81 a share, in the year-ago period. The FactSet consensus for earnings per share was $1.26.
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https://www.marketwatch.com/story/deeres...latestnews
![[Bild: DEc1dl0643.png]](https://finviz.com/publish/082120/DEc1dl0643.png)
Shares of Deere & Co. DE, -0.46% surged 4.4% toward a record high in premarket trading Friday, after the agriculture and construction equipment maker reported fiscal third-quarter profit and revenue that were well above expectations, while providing a somewhat upbeat outlook. Net income for the quarter to Aug. 2 fell to $811 million, or $2.57 a share, from $899 million, or $2.81 a share, in the year-ago period. The FactSet consensus for earnings per share was $1.26.
...
https://www.marketwatch.com/story/deeres...latestnews
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