Shares of Deere & Co. (NYSE: DE) were on an upswing in pre-market trading on Wednesday after the company reported strong fiscal Q4 results. DE reported revenues of $15.54 billion in fiscal Q4, up 37% year-over-year and beating analysts' estimates by $890 million. The manufacturer of agricultural machinery and heavy equipment reported earnings of $7.44 per share in fiscal Q4 versus $4.12 in the same period last year and surpassing Street estimates of $7.11. In FY23, DE has forecasted its net income to range between $8 billion and $8.5 billion.
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