Deere reports Q1 EPS $6.55, consensus $5.56

Reports Q1 revenue $12.65B, consensus $11.28B. "Deere’s first-quarter performance is a reflection of favorable market fundamentals and healthy demand for our equipment as well as solid execution on the part of our employees, dealers, and suppliers to get products to our customers," said John May, chairman and chief executive officer. "We are, at the same time, benefiting from an improved operating environment, which is contributing to higher levels of production."