Deere profit tops expectations, stock slides on soft forecast
By Alison Martin Deere and Co.’s first quarter earnings handily beat analyst expectations Friday, but Deere shares came under pressure after the agricultural-equipment giant dismayed investors with a downbeat full-year forecast. In the quarter ended. Jan. 31, the maker of iconic green-and-yellow tractors reported its net income of $254.4 million, or 80 cents per diluted […]
