The Rising Influence of Rising Affluence

[biotech_researcher]

Deere (DE) – The construction equipment maker reported fiscal second-quarter earnings of $2.11 per share, compared to the consensus estimate of $1.62 a share. Revenue beat estimates as well. ***** Deere said it expects global equipment sales to fall 30% to 40% this year as the Covid-19 pandemic weighs on demand.*****

And, naturally, the shares are up 5% in pre-market. Strange..