Investing.com - Deere&Company reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Deere&Company announced earnings per share of $5.32 on revenue of $11.53B. Analysts polled by Investing.com anticipated EPS of $4.57 on revenue of $10.3B.
Deere&Company shares are up 33.43% from the beginning of the year and are trading at $358.98 , down-from-52-week-high.They are outperforming the S&P 500 which is up 17.3% from the start of the year.
Deere&Company follows other major Capital Goods sector earnings this month
Deere&Company's report follows an earnings beat by Honeywell on Friday, July 23, 2021, who reported EPS of $2.02 on revenue of $8.81B, compared to forecasts EPS of $1.94 on revenue of $8.64B.
Siemens ADR had beat expectations on Thursday, August 5, 2021 with third quarter EPS of $0.9116 on revenue of $19.04B, compared to forecast for EPS of $0.7593 on revenue of $17.83B.
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