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Daily Digit: Deere's $7.42b Revenue

Description:The Daily Digit is $7.42 billion. That's Deere's fiscal first quarter revenue, well ahead of the $6.72 billion economists expected. The world's largest farm equipment maker cashing in on farmers gearing up to plant the biggest corn crop in U.S. history following the worst drought in the U.S. Midwest in more than half a century. Sales of agriculture and turf equipment, which make up about three-quarters of Deere's total revenue, jumping 16 percent. (1:09)

Source: Reuters

Tags: reuters , deere