Investing.com - Deere&Company reported on Wednesday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Deere&Company announced earnings per share of $4.12 on revenue of $10.3B. Analysts polled by Investing.com anticipated EPS of $3.92 on revenue of $10.5B.
Deere&Company shares are up 29.82% from the beginning of the year and are trading at $349.28 , down-from-52-week-high.They are outperforming the S&P 500 which is up 24.88% year to date.
Deere&Company follows other major Industrials sector earnings this month
Deere&Company's report follows an earnings beat by United Parcel Service on Tuesday, October 26, 2021, who reported EPS of $2.71 on revenue of $23.11B, compared to forecasts EPS of $2.55 on revenue of $22.57B.
Raytheon Technologies had beat expectations on Tuesday, October 26, 2021 with third quarter EPS of $1.26 on revenue of $16.21B, compared to forecast for EPS of $1.09 on revenue of $16.4B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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