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Deere reports record fourth-quarter earnings of $688 million

Posted: 11/26/2012 | Views: 248
  • Full-year earnings reach record $3.065 billion on improved net sales and revenues.
  • Demand for U.S. farm equipment paces performance while construction continues recovery.
  • Further improvement in sales and profit forecast for 2013.

Net income attributable to Deere & Company was $687.6 million, or $1.75 per share, for the fourth quarter ended October 31, compared with $669.6 million, or $1.62 per share, for the same period last year.

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Source: John Deere

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