Deere 1st Quarter earnings double - KWWL - Eastern Iowa Breaking News, Weather, Closings

Deere 1st Quarter earnings double

Posted:

MOLINE, IL (KWWL) -- The world's largest agricultural equipment maker says its 1st quarter earnings has more than doubled.  Deere & Co. says it earned $513 million for the quarter.  That's up from $243 million a year ago.  Company leaders credit the jump to a rise in farm equipment sales and growing construction demand.  Deere projects equipment sales will rise 18-20% throughout the year.

Online Anchor:  Bob Waters

Powered by Frankly