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Deere & Company announces 62% increase in Q2 bottom line

Staff Writer |
Deere & Company reported a profit for its second quarter that climbed from last year.

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The company said its bottom line climbed to $802.4 million, or $2.49 per share. This was higher than $495.4 million, or $1.56 per share, in last year's second quarter.

The company said revenue for the quarter rose 2.1% to $7.26 billion. This was up from $7.11 billion last year.

Deere & Company earnings at a glance:

- Earnings (Q2): $802.4 Mln. vs. $495.4 Mln. last year.
- Earnings Growth (Y-o-Y): 62.0%
- EPS (Q2): $2.49 vs. $1.56 last year.
- EPS Growth (Y-o-Y): 59.6%
- Revenue (Q2): $7.26 Bln vs. $7.11 Bln last year.
- Revenue Change (Y-o-Y): 2.1%.


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