This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Deere & Company's Management Discusses F1Q2012 Results - Earnings Call Transcript

Deere & Company ( DE)

F1Q12 Earnings Call

February 15, 2012 10:00 am ET


Tony Huegel - Director, IR

Susan Karlix - Manager, Investor Communications

Jim Field - SVP & CFO

Marie Ziegler - VP & Treasurer


Andrew Obin - Bank of America - Merrill Lynch

Andy Kaplowitz - Barclays Capital

Jamie Cook - Credit Suisse

Henry Kirn - UBS

Rob Wertheimer - Vertical Research Partners

Andy Casey - Wells Fargo Securities

Steve Volkmann - Jefferies & Co

Robert McCarthy - Robert W. Baird

Jerry Revich - Goldman Sachs

Joel Tiss - Buckingham Research

Ashish Gupta - Credit Agricole Securities

Seth Weber - RBC

David Raso - ISI Group

Ann Duignan - JPMorgan



Good morning and welcome to Deere’s first quarter earnings conference call. Your lines have been placed on listen only until the question-and-answer session of today’s conference. I would now like to turn the call over to Mr. Tony Huegel, Director of Investor Relations. Thank you sir, you may begin.

Tony Huegel

Also on the call today are Jim Field, our Chief Financial Officer; Marie Ziegler, Vice President and Treasurer; and Susan Karlix, our Manager of Investor Communications. Today we’ll take a closer look at Deere’s first quarter earnings, then spend some time talking about our markets and the outlook for the remainder of 2012. After that we’ll respond to your questions.

Please note that the slides are available to complement the call this morning. They can be accessed on our website at First a reminder, this call is being broadcast live on the Internet and recorded for future transmission and use by Deere and Thompson Reuters. Any other use, recording, or transmission of any portion of this copyrighted broadcast without the expressed written consent of Deere is strictly prohibited. Participants in the call including the Q&A session agree that their likeness and remarks in all media may be stored and used as part of the earnings call.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $93.24 0.00%
FB $117.81 0.00%
GOOG $701.43 0.00%
TSLA $211.92 0.18%
YHOO $36.94 0.00%


Chart of I:DJI
DOW 17,660.71 +9.45 0.05%
S&P 500 2,050.63 -0.49 -0.02%
NASDAQ 4,717.0940 -8.5450 -0.18%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs