Will Deere Stock See Higher Levels After An Upbeat Q4?

Will Deere Stock See Higher Levels After An Upbeat Q4?

Deere & Company recently reported its Q4 FY21 earnings, which were better than our estimates. The company reported sales (equipment operations) of around $10.3 billion (up 19% y-o-y), compared to our estimate of $10.4 billion. While construction and forestry equipment revenues were up 14%…