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Deere profit jumps 62 percent
2017年5月19日 / 上午10点58分 / 4 个月前

Deere profit jumps 62 percent

May 19 (Reuters) - Deere & Co reported on Friday a 62 percent jump in quarterly profit, helped by improving demand for its products, and the U.S. farm equipment maker raised its fiscal 2017 financial forecast.

Net income attributable to Deere rose to $802.4 million, or $2.49 cents per share, in the second quarter ended April 30 from $495.4 million, or $1.56 cents per share, a year earlier.

Total sales and revenue rose 5.2 percent to $8.29 billion. (Reporting by Ankit Ajmera in Bengaluru; Ediitng by Arun koyyur)

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