News Release Contact: Jen Hartmann Director, Public Relations HartmannJenniferA@JohnDeere.com Deere Reports Third Quarter Net Income of $1.734 Billion ● Strong ag margins highlight continued value delivery amid market fluctuations. ● Global ag fundamentals are expected to remain weak as construction moderates. ● Full-year net income forecast unchanged despite challenging environment. MOLINE, Illinois (August 15, 2024) — Deere & Company reported net income of $1.734 billion for the third quarter ended July 2 ...

Deere & Company DE is set to release earnings results for its third quarter, before the opening bell on Aug. 15, 2024.Analysts expect the Moline, Illinois-based company to report quarterly earnings at $5.69 per share, down from $10.2 per share in the year-ago period. Deere is expected to report quarterly revenue of $10.93 billion for the quarter, according to data from Benzinga Pro.On May 16, Deere reported second-quarter 2024 results and lowered its net income 2024 outlook. The company's net sales and reve ...

Deere & Company (DE) is anticipated to register year-over-year declines in both top and bottom lines when it reports third-quarter fiscal 2024 results on Aug 15, before the opening bell.The Zacks Consensus Estimate for the quarter has moved down over the past 30 days to $5.80 per share. The consensus mark implies a 43% plunge from the year-ago actual. The Zacks Consensus Estimate for revenues is pegged at $11.02 billion, suggesting a 22.9% year-over-year decline.  Image Source: Zacks Investment Research Sol ...

Bundit Minramun/iStock Editorial via Getty Images After an exceedingly strong performance in 2020 and 2021, Deere & Company's (NYSE:DE) stock has been on a bumpy ride over the last few years. While the company benefitted greatly as a result of the pandemic boom for its core tractor, combine, and utility vehicle products, it's clear in hindsight that a good deal of demand was pulled forward due to Covid. DE's results in 2022, 2023 and 2024 (so far) haven't been bad, they haven't been earth shattering eit ...

The upcoming report from Deere (DE) is expected to reveal quarterly earnings of $5.80 per share, indicating a decline of 43.1% compared to the year-ago period. Analysts forecast revenues of $11.02 billion, representing a decrease of 22.9% year over year.Over the last 30 days, there has been an upward revision of 0.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this ...

jetcityimage/iStock Editorial via Getty Images Introduction Deere (NYSE:DE) is an American brand that specializes in heavy equipment and machinery, particularly for the agriculture sector, but also for the construction and forestry sectors. Think mega tractors, combines, and mowers for industry, but also retail products for landscaping, golf turf, and lawn and garden products. As the go-to market leader in the agricultural industry and a major player in the construction industry, the company has been in ...

The market expects Deere (DE) to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended July 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August 1 ...

Deere (DE) closed at $346.06 in the latest trading session, marking a +0.35% move from the prior day. The stock's change was less than the S&P 500's daily gain of 1.04%. Meanwhile, the Dow experienced a rise of 0.76%, and the technology-dominated Nasdaq saw an increase of 1.03%.The the stock of agricultural equipment manufacturer has fallen by 2.86% in the past month, lagging the Industrial Products sector's loss of 1.33% and overreaching the S&P 500's loss of 6.74%.The investment community will be paying c ...

The Q2 earnings season continues its rapid pace next week, with many notable companies on the reporting docket. The expectation remains for another period of growth, with the Tech sector forecasted to enjoy a strong showing.Concerning next week’s docket, three notable companies – Home Depot (HD) , Walmart (WMT) , and Deere & Co. (DE) – are all scheduled to report. Let’s take a closer look at how expectations shape up heading into the releases. Home DepotHome Depot shares have been pretty volatile in 2024, u ...

MOLINE, Ill., Aug. 1, 2024 /PRNewswire/ -- Deere & Company (NYSE: DE) will hold its third quarter 2024 earnings call on Thursday, 15 August, beginning at 9:00 a.m. central time.  During the call, the company's financial and operating performance will be discussed with analysts, investors and other members of the financial community.The earnings call can be accessed at www.JohnDeere.com/earnings. The recorded call will be available on the Deere website for a period of time afterward.  The Deere earnings rele ...