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DewDiligence

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DewDiligence

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Re: DewDiligence post# 22750

Wednesday, 11/25/2020 8:33:42 AM

Wednesday, November 25, 2020 8:33:42 AM

Post# of 30495
DE_hits_all-time_high_on_FY4Q20_results_and FY2021_guidance…

PR:
https://www.deere.com/assets/pdfs/common/our-company/news/deere-4q20-news-release.pdf

CC slides:
https://s22.q4cdn.com/253594569/files/doc_financials/2020/q4/4Q_2020_Earnings-Call-Presentation.pdf

FY2021 guidance for GAAP income is $3.6-4.0B, a whopping 31-45% increase versus FY2020.

DE is +3% in PM trading, which is an all-time high.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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