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Deere: Strong Adjusted Earnings Are Expected in Q2

Peter Neil
Deere: Strong Adjusted Earnings Are Expected in Q2

Deere (DE) is expected to post an adjusted EPS (earnings per share) of $3.31 for the second fiscal quarter—an increase of 32.9% on a YoY (year-over-year) basis. In the second fiscal quarter of 2017, Deere reported an EPS of $2.49. Deere managed to beat analysts’ estimates in the first fiscal quarter.