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[DE] Deere and Co

Symbol: DE
Website: click here

8/13/2008 07:01am
Deere and Co Reports Q3 $1.32 v $1.37e, R $7.74B v $7.24Be; Guides higher

- Guides Q4 Revenues +29% y/y (implying $8.56B v $6.56Be)
- Guides FY08 Reveneus +21% y/y (implying $28.69B v 28.3Be)
- CEO Lane: "Though agricultural commodity prices have moderated, they remain quite favorable by historical standards and are continuing to provide strong support to farm incomes and to the sale of productive farm machinery worldwide."


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