Articles Tagged with ''earnings report''

Deere Announces 4Q Earnings Down 20% vs. Year Ago

Net income attributable to Deere & Company was $649.2 million, or $1.83 per share, for the fourth quarter ended October 31, compared with $806.8 million, or $2.11 per share, for the same period of 2013. For fiscal 2014, net income attributable to Deere & Company was $3.162 billion, or $8.63 per share, compared with $3.537 billion, or $9.09 per share, in 2013.
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Forecast & Trends

Rising Material Costs, Rising Product Pricing

With their most recent earnings reports, each of the major farm equipment manufacturers easily surpassed analysts’ projections for revenues and raised their forecasts for the remainder of 2011. With the rising costs of materials and the additional outlays associated with Tier 4 interim engines, the equipment makers also expect to increase product pricing before the year is out.
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