Deere reports Q3 EPS and net sales beat; raises FY net income range

Deere (DE) posts Q3 net income of $1.379B and EPS of $5.10 versus $4.70 estimated, with net sales/revenues of $12.608B versus $10.73B estimated, and lifts FY net income outlook to $4.750B–$5.000B from $4.5B–$5.5B.