earnings

Business
12:44 pm
Wed August 13, 2014

Deere reports decrease in quarterly earnings

Lower demand for farm equipment is affecting Deere and Company's bottom line. But it still predicts full-year profits will be the second highest ever. Deere is reporting third quarter earnings of $851 million. That’s $2.33 per share, compared to $2.56 last year.  Ken Golden, Director of Global Public Relations, says worldwide sales from May through July dropped five percent to $9.5 billion. Sales fell eleven percent in Deere's Agriculture and Turf Division. He says that means production schedules will change. 

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Business
2:28 pm
Wed February 12, 2014

Deere and Company reports 1st quarter earnings

Deere and Company will make a lot of money this year, just not quite as much as last year. Wednesday, the company reports earnings of 681 million dollars in the first quarter, or $1.81 per share up from 1.65 a year ago. 

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State News
12:13 pm
Wed November 20, 2013

Deere and Company sets another record

 For the fourth year in a row, Deere and Company set yet another earnings record. The company announced net income of 3.5 billion dollars for the fiscal year that ended in October. That's nine-dollars-and-nine-cents per share, compared to 7-63 last year. 

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Business
2:25 pm
Wed May 15, 2013

Deere and Company posts record earnings

Deere and Company set another earnings record in the second quarter, and it's also an all-time high for any quarter. Deere says net income totaled nearly $1.1 billion for February, March, and April, or $2.76 per share, compared to $2.61 a year ago.  Spokesman Ken Golden says agriculture and turf equipment sales rose 12 percent in the second quarter. But sales of construction and forestry equipment dropped five percent.

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