Deere & Company Q2 earnings exceeded estimates, reporting $6.29 EPS and $11.39B revenue.

Deere & Company (NYSE: DE) reported Q2 earnings of $6.29 per share, exceeding estimates of $5.63. The firm's revenue reached $11.39 billion, above the expected $10.94 billion. Its market cap is $107.98 billion, with a P/E of 11.88. The company declared a quarterly dividend of $1.47, payable November 8. Oppenheimer & Co. reduced its stake by 5.8%, while other investors adjusted their holdings. Analysts rate the stock as a "Hold," targeting $414.11.

September 14, 2024
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