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HomeAway, Inc. (AWAY) Message Board

fundamentalsaretantamount 1 post  |  Last Activity: Dec 14, 2014 10:22 AM Member since: Dec 14, 2008
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  • fundamentalsaretantamount fundamentalsaretantamount Dec 14, 2014 10:22 AM Flag

    How much does Deere depend on oil & gas drilling?
    In new drilling fields, you see significant Deere support equipment such as graders, small bulldozers, backhoes etc.
    ==========================================================================
    These projections were made in their latest quarterly report prior to the oil prices crash :
    (read their report for full outlook).

    Deere's worldwide sales of agriculture and turf equipment are forecast to decrease by about 20 percent for fiscal-year 2015 as a result of weaker conditions in the global farm economy
    Deere's worldwide sales of construction and forestry equipment are forecast to increase by about 5 percent for 2015.
    Financial Services. Fiscal-year 2015 net income attributable to Deere & Company for the financial services operations is expected to be approximately $610 million.
    Fiscal-year 2015 net income attributable to Deere & Company for the financial services operations is expected to be approximately $610 million. The outlook reflects a decline from the prior year due primarily to an expected increase in the provision for credit losses, versus the low level of 2014, and a less favorable tax rate. These factors are projected to be partially offset by growth in the credit portfolio and higher crop insurance margins.

AWAY
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