Deere & Co. issued its fourth-quarter earnings (see Deere Reports Record Fourth-Quarter Earnings of $688 Million) Here’s some of the data behind the company’s report and company outlook for 2013.

2013 Company Outlook

Fiscal Year 2013 Forecast

  • Net sales: Up ~5% vs. FY 2012
    • Price realization: ~ +3 points
  • Net income attributable to Deere & Company of ~ $3.2 billion

First Quarter 2013 Forecast

  • Net sales: Up ~ 10% vs. Q1 2012
    • Price realization: ~ +4 points
    • Currency translation: ~ (1) point

Worldwide Agriculture & Turf

Fiscal Year 2013 Forecast

  • Net sales: Up ~ 4%

Industry Outlook — Fiscal 2013