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Deere And Co (DE) reported a profit for its third quarter that increased from last year.


RTTNews | Aug 20, 2021 06:51AM EDT

06:51 Friday, August 20, 2021 (RTTNews.com) - Deere And Co (DE) reported a profit for its third quarter that increased from last year.

The company's profit totaled $1.67 billion, or $5.32 per share. This compares with $0.81 billion, or $2.57 per share, in last year's third quarter.

Analysts had expected the company to earn $4.57 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 29.1% to $11.53 billion from $8.93 billion last year.

Deere And Co earnings at a glance:

-Earnings (Q3): $1.67 Bln. vs. $0.81 Bln. last year.-EPS (Q3): $5.32 vs. $2.57 last year.-Analysts Estimate: $4.57-Revenue (Q3): $11.53 Bln vs. $8.93 Bln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3220165/deere-and-co-reveals-gain-in-q3-bottom-line-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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