MOLINE (dpa-AFX) - (Adds Outlook)

Deere And Co (DE) has lowered its full-year profit outlook. It now expects net
income to be about $7 billion for the year, down from the previous outlook of
$7.50 billion to $7.75 billion.

Q2 Results:

Deere And Co revealed a profit for second quarter that decreased from the same
period last year but beat the Street estimates.

The company's bottom line came in at $2.37 billion, or $8.53 per share. This
compares with $2.86 billion, or $9.65 per share, in last year's second quarter.

Analysts on average had expected the company to earn $7.86 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 12.4% to $15.235 billion from $17.387
billion last year.

Deere And Co earnings at a glance (GAAP) :

-Earnings (Q2): $2.37 Bln. vs. $2.86 Bln. last year.
-EPS (Q2): $8.53 vs. $9.65 last year.
-Revenue (Q2): $15.235 Bln vs. $17.387 Bln last year.



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