Deere & co posts qtrly earnings per share of $2.27

Qtrly earnings per share $2.27.qtrly adjusted earnings per share $2.14.full-year 2020 forecast calls for net income of $2.7 to $3.1 billion, reflecting uncertainties in our equipment operations..worldwide net sales and revenues increased 5 percent in fourth quarter to $9.896 billion."john deere’s performance reflected continued uncertainties in the agricultural sector".q4 earnings per share view $2.13, revenue view $8.53 billion -- refinitiv ibes data.net income in q4 was favorably affected by discrete adjustments to provision for income taxes.adjustments related to tax reform were $41 million in q4.deere- trade tensions, difficult growing, harvesting conditions caused many farmers to become cautious about making major investments in new equipment.worldwide sales of agriculture and turf equipment are forecast to decline 5 to 10 percent for fiscal-year 2020.worldwide sales of construction and forestry equipment are anticipated to be down 10 to 15 percent for 2020.deere - favourable general economic conditions supported demand for smaller equipment, led to "solid results" for construction and forestry business.deere - despite present challenges, the longer-term outlook for our businesses remains healthy.agriculture & turf net sales of $5,756 million , up 3% in quarter.deere’s worldwide sales of agriculture and turf equipment are forecast to decline 5% to 10% for fiscal-year 2020.
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