Deere reports record fourth-quarter earnings of $688 million

Posted: 11/26/2012 | Views: 155

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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