Earnings also outpaced the Zacks Consensus Estimate of $1.70, registering a positive earnings surprise of 46.5%. Raised Guidance Given the upbeat fiscal second-quarter performance, Deere raised its equipment sales growth forecast to about 9% year over year for fiscal 2017 from the prior view of 4%. The company projects equipment sales to rise about 18% in the fiscal third quarter compared with the year-ago period. For fiscal 2017, Deere also boosted its outlook for net sales to climb 9% year over year and net income at $2.0 billion. Growth Drivers Deere is anticipated to gain from a durable business model and wide range of revenue sources. Its execution of operating plans, disciplined cost management and a broad product portfolio also remain tailwinds. In addition, Deere remains well placed for growth over the long term, based on steady investments in new products and geographies.