Deere Posts Higher Earnings, but Warns of Challenges
Deere reported higher quarterly earnings Wednesday and forecast a record profit for the full year, but warned that it faces challenges.
Deere
Week in Preview: Earnings from Tyson, Analog Devices, Deere
Among quarterly results scheduled for this holiday-shortened week, investors may be thankful for earnings results from Tyson Foods, the Arkansas-based poultry and meat producer. Analog Devices and Deere also are reporting.
Deere Triples Analysts' Earnings Estimates
The farm- and construction-equipment maker shattered expectations, earning 57 cents per share, vs. estimates of 19 cents, largely through rigorous cost-containment and lower raw material costs. It also raised revenue guidance for 2010.
Look to Deere for Farm Sector Insights
Deere & Co. will give investors another clue about the economic recovery when it reports quarterly earnings results Wednesday. Deere's sales numbers and its 2010 outlook will say much about the global economy's health.
