Deere & Company Reports Q2 Results Wednesday
By Robert Weinstein:Deere & Company (DE) trades an average of 6.24 million shares per day, and has a market cap of $30.84 billion. Deere & Company provides products and services primarily for agriculture and forestry worldwide. The company was founded in 1837 and is based in Moline, Illinois. Time Released: Before Opening BellIndustry: Constr. & Agric. MachineryRecent Price: $75.0452-Week High: $99.8052-Week Low: $60.45Book Value: $17.69On average, 13 analysts are expecting $1.68 per share, a drop of $-0.44 in earnings per share compared with last quarter's results of $2.12. Investors will be looking to top $1.75 per share, based on the estimated mean earnings. Analyst estimates range between $1.56 and $1.78 per share.For the same fiscal period year-over-year, revenue has improved to $26.00 billion for 2010 vs. $23.11 billion for 2009. The bottom line has rising earnings year-over-year of $1865 billion for 2010 vs. $873.50 millionComplete Story »
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