Investing.com - Deere&Company (NYSE:DE) reported fourth quarter earnings that matched analysts' expectations on Wednesday and revenue that topped forecasts.
The firm reported earnings per share of $2.14 on revenue of $8.7B. Analysts polled by Investing.com expected EPS of $2.14 on revenue of $8.47B. That compared to EPS of $2.3 on revenue of $8.34B in the same period a year earlier. The company had reported EPS of $2.71 on revenue of $8.97B in the previous quarter.
For the year, Deere&Company shares are up 18.42%, under-performing the S&P 500 which is up 26.79% year to date.
Deere&Company follows other major Capital Goods sector earnings this month
On Wednesday, October 30, 2019, General Electric reported third quarter EPS of $0.15 on revenue of $23.36B, compared to forecasts of EPS of $0.12 on revenue of $28.9B.
L3Harris Technologies earnings beat analyst's expectations on Wednesday, October 30, 2019, with first quarter EPS of $2.11 on revenue of $1.73B. Investing.com analysts expected EPS of $2.04 on revenue of $1.7B
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