Comment on Deere tops estimates despite 30% drop in profit amid lower demand

Deere tops estimates despite 30% drop in profit amid lower demand

Shares of Deere (DE) were rising on Friday following the farming equipment maker's better-than-expected quarterly earnings. Although Deere's second-quarter profit fell nearly 30% year-over-year to $690.5 million, or $2.03 a share, it still topped an        

 

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