More on Deere's FQ3 results

|About: Deere & Company (DE)|By:, SA News Editor

Net income of $850.7M, or $2.33 per share vs. $996.5M, or $2.56 per share, for the same period of 2013.

Net sales decrease 5% Y/Y to $9.5B from $10B in the same quarter a year ago.

For fiscal 2014, the company expects sales to decrease 6%, and to be down ~8% for the fourth quarter compared with the year-ago periods. Net income is anticipated to be approximately $3.1B.

FQ3 results

DE -0.4% premarket