Investing.com - Deere&Company reported on Friday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Deere&Company announced earnings per share of $5.68 on revenue of $12.06B. Analysts polled by Investing.com anticipated EPS of $4.49 on revenue of $10.53B.
Deere&Company shares are up 32.03% from the beginning of the year and are trading at $355.22 , down-from-52-week-high.They are outperforming the S&P 500 which is up 10.73% from the start of the year.
Deere&Company follows other major Capital Goods sector earnings this month
Deere&Company's report follows an earnings beat by Honeywell on Friday, April 23, 2021, who reported EPS of $1.92 on revenue of $8.45B, compared to forecasts EPS of $1.8 on revenue of $8.08B.
Boeing had missed expectations on Wednesday, April 28, 2021 with first quarter EPS of $-1.53 on revenue of $15.22B, compared to forecast for EPS of $-1.05 on revenue of $15.23B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar