Deere & Co
DE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|%K | LOCK|&S | LOCK|!kNN<TR |
Deere Earnings: Resilient Results as Agriculture Troughs
Deere reported 6% equipment revenue growth to $11 billion and 7% EPS growth to $5.10 per share. Better-than-expected performance in Small Ag & Turf, or SAT, prompted the company to raise net income guidance to $4.75 billion-$5.00 billion from $4.50 billion-$5.00 billion.
