John Deere(DE)

Search documents
The Investor Angle on Retail Spending, Stellantis, and Deere
The Motley Fool· 2024-02-21 16:49
In this podcast, Motley Fool analyst Bill Barker and host Deidre Woollard discuss:How retail spending numbers might impact the Fed.If Stellantis is ready to take on Big EV.Deere's returns for investors.Drew University professor Chris Andrews shares his thoughts on why some companies are changing their strategies on self-checkout.To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full ...
7 Blue-Chip Stocks to Pick Up While They're Down
InvestorPlace· 2024-02-18 21:06
If you are an investor like me, you don’t want to miss out on any opportunity to load up on blue-chip stocks to buy when they are down. While blue-chip stocks can help build a solid retirement portfolio, many also generate steady income for the years to come. If you’re looking for blue-chip stocks to buy, here are the top seven you can buy now at a discount. All are solid long-term buy-and-hold stock picks that should do well with patience. Grab the opportunity while you can.Intel (INTC)Source: JHVEPhoto / ...
ETFs in Focus as Deere Beats on Q1 Earnings, Cuts View
Zacks Investment Research· 2024-02-16 17:11
Deere & Co (DE) , the world’s largest agricultural equipment maker under the iconic John Deere brand, reported robust first-quarter fiscal 2024 results, beating earnings and revenue estimates. However, Deere slashed its annual profit outlook, sending its shares down 5.2% on Feb 15. Notably, the stock fell the most in nearly three months.This has put ETFs with the largest allocation to this farm equipment giant in focus. These funds include iShares MSCI Agriculture Producers ETF (VEGI) , Global X AgTech & Fo ...
John Deere(DE) - 2024 Q1 - Earnings Call Transcript
2024-02-15 20:30
Deere & Company (NYSE:DE) Q1 2024 Earnings Conference Call February 15, 2024 10:00 AM ET Company Participants Josh Beal - Director of IR John May - Chairman and Chief Executive Officer Josh Jepsen - CFO Aaron Wetzel - VP, Production Systems for Production and Precision ag Joshua Rohleder - Manager of Investor Communications Conference Call Participants Jerry Revich - Goldman Sachs Kristen Owen - Oppenheimer Chad Dillard - Bernstein Angel Castillo - Morgan Stanley David Raso - Evercore ISI Steven Fisher - JP ...
3 Construction Stocks to Buy as the Sector Booms
InvestorPlace· 2024-02-15 18:47
A report from the American Institute of Architects noted that the non-residential construction sector expanded by roughly 20% in 2023. That’s a very strong sign from a sector that continues to defy the odds as tighter credit has failed to dampen performance. It should also give investors a reason to consider construction stocks in early February.Executives surveyed late last year expect a stable to improving market In 2024 and remain broadly confident. Caterpillar’s (NYSE:CAT) strong earnings report on Feb. ...
Deere (DE) Q1 Earnings Top Estimates, FY24 Guidance Lowered
Zacks Investment Research· 2024-02-15 17:21
Deere & Company (DE) has reported first-quarter fiscal 2024 (ended Jan 28, 2024) earnings of $6.23 per share, beating the Zacks Consensus Estimate of $5.19. The bottom line fell 5 % from the prior-year quarter on lower shipment volumes.Net sales of equipment operations (comprising Agriculture and Turf, Construction, and Forestry) were $10.5 billion, down 7 % from the prior-year quarter. Revenues beat the Zacks Consensus Estimate of $10.4 billion. Total net sales (including financial services and others) wer ...
John Deere(DE) - 2024 Q1 - Earnings Call Presentation
2024-02-15 16:35
1Q 2024 Earnings Call Forward-Looking Statements This earnings call and accompanying materials may include forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as “forecast,” “guidance,” “project,” “target,” “outlook,” “prospects,” “expect,” “estimate,” “will,” “goal,” “plan,” “anticipate,” “intend,” “predict,” “believe,” “likely,” “future,” “could,” “may,” or other ...
Deere (DE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-15 15:31
Deere (DE) reported $10.49 billion in revenue for the quarter ended January 2024, representing a year-over-year decline of 8%. EPS of $6.23 for the same period compares to $6.55 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $10.43 billion, representing a surprise of +0.53%. The company delivered an EPS surprise of +20.04%, with the consensus EPS estimate being $5.19.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they ...
Dismal Forecast Overshadows Deere's Quarterly Win
Schaeffers Research· 2024-02-15 14:19
Heavy equipment manufacturer Deere & Co (NYSE:DE) surpassed top- and bottom-line expectations for the fiscal first quarter, but also cut its 2024 profit forecast due to demand concerns amid higher borrowing rates and lower crop prices. Ahead of the open, DE is down 3.6% at $371.Should these losses hold, the security will break below a floor at the $375 level, which has been in place since a December bull gap. Meanwhile, the $405 region rejected the equity's early January pullback. Over the past six months, ...
Deere (DE) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-02-15 13:21
Deere (DE) came out with quarterly earnings of $6.23 per share, beating the Zacks Consensus Estimate of $5.19 per share. This compares to earnings of $6.55 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20.04%. A quarter ago, it was expected that this agricultural equipment manufacturer would post earnings of $7.49 per share when it actually produced earnings of $8.26, delivering a surprise of 10.28%.Over the last four quarte ...