Company news: Deere (DE) quarterly results top analysts’ estimates

Deere (DE) reported Q3 FY2024 earnings of $6.29 per share (versus $10.20 per share in Q3 FY2023), beating analysts’ consensus estimate of $5.68 per share.

The company’s quarterly revenues amounted to $11.387 bln (-20.3% y/y), beating analysts’ consensus estimate of $10.935 bln.

DE rose to $358.00 (+1.91%) in pre-market trading.