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Deere & Company Q4 net income $0.90 per share

Staff Writer |
Net income attributable to Deere & Company was $285.3 million, or $0.90 per share, for the fourth quarter ended October 31.

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This compares with $351.2 million, or $1.08 per share, for the same period of 2015.

For fiscal 2016, net income attributable to Deere & Company was $1.524 billion, or $4.81 per share, compared with $1.940 billion, or $5.77 per share, in 2015.

Worldwide net sales and revenues decreased 3 percent, to $6.520 billion, for the fourth quarter and were down 8 percent, to $26.644 billion, for the full year.

Net sales of the equipment operations were $5.650 billion for the quarter and $23.387 billion for the year, compared with respective totals of $5.932 billion and $25.775 billion in 2015.


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