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Deere beats expectations

John Deere beat Wall Street expectations for its fourth quarter numbers.

The company did 75 cents better than expected and posted a profit of $8.26 per share. This is better than the 7.40 a share Wall Street was anticipating. Deere’s overall profit in the fourth quarter topped $2.3 billion.

For the year, company officials say Deere cleared over $10 billion in profit.


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