, Deere quarter net gains 11% as economy slows down
Deere & Co. published its fiscal third-quarter results showing that its earnings increased by 11 percent. However manufacturing expenses as well as a drop in international sales caused lower profit than it was initially expected by analysts. Deere & Co. reported a net income of 788.0 million, or $1.98 per share, for the quarter ended July 31, compared with $712.3 million, or $1.69 per share, for the same period previous year.
