Deere & Company Q4 net income $0.90 per shareStaff Writer | November 24, 2016
Net income attributable to Deere & Company was $285.3 million, or $0.90 per share, for the fourth quarter ended October 31.
Deere & Company Worldwide net sales and revenues decreased 3 percent
For fiscal 2016, net income attributable to Deere & Company was $1.524 billion, or $4.81 per share, compared with $1.940 billion, or $5.77 per share, in 2015.
Worldwide net sales and revenues decreased 3 percent, to $6.520 billion, for the fourth quarter and were down 8 percent, to $26.644 billion, for the full year.
Net sales of the equipment operations were $5.650 billion for the quarter and $23.387 billion for the year, compared with respective totals of $5.932 billion and $25.775 billion in 2015. ■