Filed under: Earnings reports, Caterpillar (CAT), Deere and Co (DE)

Deere (DE) reported fourth-quarter results today. Even though the well-known maker of agricultural equipment had a tough year, the company’s stock currently sits near a 52-week high as the bulls hope the worst is behind it.

On an adjusted basis, Deere posted a profit of 23 cents per share. This number easily beat the analysts, as they believed Q4 was only worth about 3 cents per share, according to our earnings preview.

Continue reading Deere up on Q4 earnings performance

Deere up on Q4 earnings performance originally appeared on BloggingStocks on Wed, 25 Nov 2009 15:50:00 EST. Please see our terms for use of feeds.

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