Tomorrow the American John Deere will report its past quarter's results. For this year John Deere's revenue will be around 33,48 billion USD. This is according to the average of the analysts' estimates. This is rather significant more than 2016's revenue of 29,74 billion USD.
The analysts expect for 2018 a net profit of 3,05 billion USD. For this year the majority of the analysts, consulted by press agency Thomson Reuters, expects a profit per share of 9,5 USD. The price/earnings-ratio is then 15,51.
For this year analysts don't expect the company to pay a dividend. The average dividend yield of the industrial companies is a moderate 1 percent.
Based on the current number of shares John Deere's market capitalization equals 46,38 billion USD. On Tuesday the stock closed at 147,35 USD.ValueSpectrum.com News Wire & Equity Research: +31 084-0032-842
news@valuespectrum.com
Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.