Deere And Co Bottom Line Falls 46% In Q4

(RTTNews) - Deere And Co (DE) revealed a profit for fourth quarter that decreased from last year.

The company said its bottom line declined to $351.2 million, or $1.08 per share. This was down from $649.2 million, or $1.83 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 26.2% to $5.93 billion. This was down from $8.04 billion last year.

Deere And Co earnings at a glance:

-Earnings (Q4): $351.2 Mln. vs. $649.2 Mln. last year. -Earnings Decline (Y-o-Y): -45.9% -EPS (Q4): $1.08 vs. $1.83 last year. -EPS Decline (Y-o-Y): -41.0% -Revenue (Q4): $5.93 Bln vs. $8.04 Bln last year. -Revenue Change (Y-o-Y): -26.2%