earnings

Earnings fell but sales and revenue rose for Deere and Company during its first quarter. 

Deere reports decrease in quarterly earnings

Aug 13, 2014

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. 

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. 

Deere and Company sets another record

Nov 20, 2013

 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. 

Deere and Company posts record earnings

May 15, 2013

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.