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Ag Sector Woes Take Toll On Deere's Q1 Earnings

2015-02-22 07:40:09| Industrial Machines - Topix.net

When the Moline based ag equipment major, Deere , reported its earnings on February 20, analysts were expecting the results to be worse than what came out to be and this actually pushed the stock slightly in the green before it fell back into the red as outlook for the 2015 fiscal year remains dim from the management corner. As the ag sector has not been performing well in the past few quarters, the numbers remain dull and till such temporary headwinds last the company may not see its best days back.

Tags: sector toll earnings q1

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