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Deere: Fiscal Q3 Earnings Snapshot

Deere: Fiscal Q3 Earnings Snapshot

MOLINE, Ill. (AP) — MOLINE, Ill. (AP) — Deere & Co. (DE) on Thursday reported fiscal third-quarter net income of $1.29 billion.
On a per-share basis, the Moline, Illinois-based company said it had net income of $4.75.
The results topped Wall Street expectations. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of $4.62 per share.
The agricultural equipment manufacturer posted revenue of $12.02 billion in the period. Its adjusted revenue was $10.36 billion, also topping Street forecasts. Nine analysts surveyed by Zacks expected $10.26 billion.
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