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More on Deere's FQ3 results

  • 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
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