Deere net income up 2.7 percent | Reduction

Deere net income up 2.7 percent

Excerpt:

MINNEAPOLIS The farm and construction equipment maker Deere (DE) says its fourth-quarter net income rose 2. 7 percent as it sold more farm gear at higher prices. Deere & Co. says it earned $687. 6 million for the quarter, or $1. 75 per share. Revenue rose 14 percent to $9. 79 billion. Analysts surveyed by FactSet had been expecting earnings of $1. 88 per share on revenue of almost $8. 9 billion. The Moline, Ill. -based company predicted that sales would rise about 5 percent next year, and will be up 10 percent in the first quarter. It expects full-year 2013 net income of about $3. 2 billion. That's a little more than analysts had been expecting. Deere shares fell 99 cents at $85 in early premarket trading.

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Revenue Income Generally Accepted Accounting Principles Net income Stock market The Quarter at Tropicana Share

Deere net income up 2.7 percent

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City: MINNEAPOLIS

Overall Sentiment: 0

Relevance: 0.558885

Company: Deere & Co.

Overall Sentiment: 0

Relevance: 0.94903

Disambiguation: References:

• Deere & Company
• Deere & Company: dbpedia
• Deere & Company: freebase
• Deere & Company: umbel
• Deere & Company: yago

Company: FactSet

Overall Sentiment: 0

Relevance: 0.641966

Disambiguation: References:

• FactSet Research Systems
• FactSet Research Systems: dbpedia
• FactSet Research Systems: freebase
• FactSet Research Systems: umbel
• FactSet Research Systems: yago

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Company predicted that sales would rise about 5 percent next year, and will be up 10 percent in the first quarter

Provided Keywords:

• construction equipment maker
• deere
• deere & co.
• farm equipment
• tractor
• tractors

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Deere net income up 2.7 percent

Source Site: Deere net income up 2.7 percent

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