Deere reported Q4 FY 2016 earnings of $0.90 per share (versus $1.08 in Q4 FY 2015), beating analysts’ consensus estimate of $0.39.
The company’s quarterly revenues amounted to $5.650 bln (-4.8% y/y), beating analysts’ consensus estimate of $5.363 bln.
DE rose to $102.55 (+11.46%) in pre-market trading.
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