Deere (DE) reported $9.28 billion in revenue for the quarter ended October 2024, representing a year-over-year decline of 32.8%. EPS of $4.55 for the same period compares to $8.26 a year ago.The reported revenue represents a surprise of +1.66% over the Zacks Consensus Estimate of $9.12 billion. With the consensus EPS estimate being $3.89, the EPS surprise was +16.97%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...

Deere (DE) came out with quarterly earnings of $4.55 per share, beating the Zacks Consensus Estimate of $3.89 per share. This compares to earnings of $8.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 16.97%. A quarter ago, it was expected that this agricultural equipment manufacturer would post earnings of $5.80 per share when it actually produced earnings of $6.29, delivering a surprise of 8.45%.Over the last four quarter ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Results demonstrate solid execution despite ongoing market challenges. Full-year 2025 earnings projected to range from $5.0 to $5.5 billion, highlighting improved structural performance. Remain committed to making investments that enhance customer productivity and profitability. MOLINE, Ill., Nov. 21, 2024 /PRNewswire/ -- Deere & Company ($DE) reported net income of $1.245 billion for the fourth quarter ended October 27, 2024, or $4.55 per share, compared with net income of $2.369 billion, or $8.26 per sha ...

Exhibit 99.1 (Furnished herewith) News Release Contact: Jen Hartmann Director, Public Relations HartmannJenniferA@JohnDeere.com Deere Reports Net Income of $1.245 Billion for Fourth Quarter, $7.1 Billion for Fiscal Year ● Results demonstrate solid execution despite ongoing market challenges. ● Full-year 2025 earnings projected to range from $5.0 to $5.5 billion, highlighting improved structural performance. ● Remain committed to making investments that enhance customer productivity and profitability. MOLINE ...

Investors may want to take a closer look at these quality companies, which are trading at reasonable valuations.There are a couple of different ways to approach investing in the stock market when it's near an all-time high. Some investors may choose to ride the momentum higher or simply put their money to work in market-leading growth stocks. Others may prefer to go searching for value stocks or dividend stocks that are trading at less expensive valuations.If you're in that latter camp, consider Essential U ...

Deere & Company DE will release earnings results for the fourth quarter, before the opening bell on Thursday, Nov. 21.Analysts expect Deere to report quarterly earnings at $3.93 per share. That's down from $8.26 per share a year ago. The Moline, Illinois-based company projects to report quarterly revenue of $9.27 billion, compared to $13.8 billion a year earlier, according to data from Benzinga Pro.On Aug. 15, Deere reported third-quarter results and reaffirmed its net income 2024 outlook. The company's net ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Deere (DE) .Deere currently has an average brokerage recommendati ...

Deere & Company (DE) is scheduled to report fourth-quarter fiscal 2024 results on Nov. 21 before the opening bell.The Zacks Consensus Estimate for earnings has moved down 2% over the past 60 days to $3.90 per share. The consensus mark implies a 52.8% plunge from the year-ago actual. The consensus estimate for revenues is pegged at $9.3 billion, indicating a 32.3% year-over-year decline. Image Source: Zacks Investment Research Find the latest EPS estimates and surprises on Zacks Earnings Calendar.DE’s Earnin ...

Core Viewpoint - Analysts forecast a significant decline in Deere's quarterly earnings and revenues, with earnings per share expected to drop by 52.8% year-over-year to $3.90 and revenues projected to decrease by 32.4% to $9.34 billion [1]. Earnings Estimates - Over the last 30 days, the consensus EPS estimate has been revised upward by 0.2%, indicating a slight adjustment in analysts' forecasts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts estimate that 'Net Sales and Revenues- Production & precision ag net sales' will reach $4.26 billion, reflecting a decline of 38.9% from the prior-year quarter [5]. - The combined estimate for 'Net Sales and Revenues- Agriculture and Turf' is projected at $6.41 billion, indicating a decrease of 36.3% year-over-year [5]. - 'Net Sales and Revenues- Equipment Operations' is expected to be $9.09 billion, down 34.1% from the previous year [6]. - 'Net Sales and Revenues- Small ag & turf net sales' is projected at $2.16 billion, showing a decline of 30.4% [6]. - 'Net Sales and Revenues- Construction & forestry net sales' is estimated at $2.68 billion, reflecting a decrease of 28.4% [7]. - The consensus for 'Net Sales and Revenues- Other revenues' stands at $244.15 million, indicating a year-over-year change of -7.5% [7]. - 'Net Sales and Revenues- Financial services revenues' is expected to reach $1.34 billion, suggesting a slight decline of 0.2% year-over-year [8]. - 'Net Sales and Revenues- Net sales' is projected at $9.25 billion, indicating a year-over-year change of -33% [8]. - 'Net Sales and Revenues- Financial services- Total' is expected to be $1.54 billion, reflecting a decrease of 1.9% from the prior-year quarter [8]. - 'Net Sales and Revenues- Equipment Operations- Other income' is estimated at $191.18 million, down 12.3% year-over-year [9]. - 'Net Sales and Revenues- Equipment Operations- Finance and interest income' is projected at $140.25 million, indicating a decline of 27.3% [9]. - 'Net Sales and Revenues- Other income' is expected to reach $245.99 million, reflecting a change of -3.2% year-over-year [10]. Market Performance - Shares of Deere have shown a return of -2.4% over the past month, underperforming compared to the Zacks S&P 500 composite's +1.1% change [11]. - With a Zacks Rank of 4 (Sell), Deere is expected to lag the overall market performance in the near future [12].