Investing.com - Deere&Company (NYSE:DE) reported on Friday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Deere&Company announced earnings per share of $2.57 on revenue of $8.93B. Analysts polled by Investing.com anticipated EPS of $1.17 on revenue of $6.63B.
Deere&Company shares are up 10.3% from the beginning of the year and are trading at $197.50 , down-from-52-week-high.They are outperforming the S&P 500 which is up 4.79% from the start of the year.
Deere&Company shares gained 3.35% in pre-market trade the report.
Deere&Company follows other major Capital Goods sector earnings this month
Deere&Company's report follows an earnings beat by Honeywell on Friday, July 24, 2020, who reported EPS of $1.26 on revenue of $7.48B, compared to forecasts EPS of $1.21 on revenue of $7.29B.
Boeing had missed expectations on Wednesday, July 29, 2020 with second quarter EPS of $-4.79 on revenue of $11.81B, compared to forecast for EPS of $-2.55 on revenue of $12.95B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar