MOLINE, Ill., Feb. 7, 2025 /PRNewswire/ -- Deere & Company (NYSE: DE) will hold its first quarter 2025 earnings call on Thursday, 13 February, 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 r ...

Deere (DE) is expected to deliver a year-over-year decline in earnings on lower revenues when it reports results for the quarter ended January 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 13. On the ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Deere (DE) . This company, which is in the Zacks Manufacturing - Farm Equipment industry, shows potential for another earnings beat.This agricultural equipment manufacturer has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters w ...

Group 1 - Elliott Gue is a recognized expert in the energy sector, with extensive education and experience, including a bachelor's and master's degree from the University of London [1] - Gue has been acknowledged as "the world's leading energy strategist" during the 2008 G-8 Summit in Tokyo, highlighting his influence and expertise in the field [1] - In October 2012, Gue launched the Energy & Income Advisor, an online newsletter focused on identifying profitable opportunities in the energy sector, including growth stocks and high-yielding utilities [1] Group 2 - The Energy & Income Advisor includes contributions from Roger Conrad, who provides analysis on master limited partnerships and Canadian energy stocks, ensuring a comprehensive approach to energy investment [1]

Core Insights - Deere & Company has announced the selection of 6 companies for its 2025 Startup Collaborator program, aimed at enhancing interactions with startups that can provide valuable technology for agriculture and construction customers [1][2] - The program reflects Deere's commitment to innovation and customer-centric solutions, focusing on exploring new technologies that can significantly benefit customers in these sectors [2][3] Company Overview - John Deere has a long-standing history of nearly 200 years, contributing to food, fiber, fuel, and infrastructure production, and continues to drive innovation across various industries including agriculture and construction [4] Participating Startups - The 2025 cohort includes: - **Array Labs**: A space technology company focused on creating a constellation for high-quality 3D imaging of Earth's surface - **Landscan**: A digital twin company that combines soil and remote sensing data for land optimization - **LIDWAVE**: A developer of 4D LiDAR-on-a-chip technology for advanced automation and mapping - **Presien**: A physical AI company providing on-machine solutions to enhance worksite safety and productivity - **ReSim**: An AI testing company that automates evaluations for hardware and simulation, promoting safer development for autonomy - **Witricity**: A leader in wireless charging technology, facilitating hassle-free charging for vehicles and paving the way for future autonomy [5]

Core Insights - John Deere has announced new digital solutions to enhance customers' ability to maintain and repair their agricultural and construction machinery, including the capability to reprogram electronic controllers [1][2][3] - The new capabilities will be integrated into the John Deere Operations Center™, providing comprehensive solutions for diagnosing and repairing equipment while ensuring reliability, safety, and compliance [2][4] - The company emphasizes its long-standing commitment to improving customer repair experiences and minimizing unplanned downtime, with a pilot program set to launch in the U.S. and Canada in the second half of 2025 [3][4] Commitment to Repairability - John Deere has a history of empowering customers with repair and maintenance resources, including manuals, parts sales, and digital tools like Customer Service ADVISOR™ [4][5] - The latest expansion aims to create a user-friendly, centralized platform for self-repair, reinforcing the company's leadership in agricultural and construction technology [4][5] Expanding Existing Tools and Resources - John Deere offers a wide range of tools to support customers throughout their machine ownership journey, demonstrating a commitment to continuous improvement and innovation [5][7] - The company is focused on enhancing machine uptime and making it easier for customers to perform repairs, thereby improving overall machine ownership experiences [5][6]

Core Viewpoint - Deere's stock has experienced a decline, and upcoming earnings are expected to show significant drops in both EPS and revenue compared to the previous year [1][2]. Company Performance - Deere's stock closed at $410, reflecting a decrease of 0.79% from the previous day, underperforming the S&P 500's gain of 0.16% [1]. - The stock has dropped by 8.49% over the past month, which is slightly better than the Industrial Products sector's loss of 8.6% but worse than the S&P 500's loss of 2.7% [1]. Earnings Estimates - Analysts anticipate an EPS of $3.08 for the upcoming earnings report, indicating a 50.56% decline year-over-year [2]. - Revenue is projected to be $7.79 billion, reflecting a 25.71% decrease from the same quarter last year [2]. - For the full year, earnings are estimated at $19.57 per share and revenue at $38.87 billion, showing declines of 23.61% and 13.15%, respectively, from the previous year [3]. Analyst Sentiment - Changes in analyst estimates for Deere are crucial as they often indicate shifts in near-term business trends [4]. - Upward revisions in estimates suggest analysts' positive outlook on the company's operations and profit generation capabilities [4]. Valuation Metrics - Deere's Forward P/E ratio stands at 20.95, which is higher than the industry average of 17.5, indicating that Deere is trading at a premium [7]. - The PEG ratio for Deere is currently 1.75, aligning with the average PEG ratio of the Manufacturing - Farm Equipment industry [8]. Industry Context - The Manufacturing - Farm Equipment industry, part of the Industrial Products sector, holds a Zacks Industry Rank of 232, placing it in the bottom 8% of over 250 industries [9]. - The performance of individual industry groups is measured by the Zacks Industry Rank, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [9].

Autonomous Technology Expansion - John Deere unveiled second-generation autonomous machines at CES 2025, targeting agriculture, construction, and commercial landscaping industries [1] - The new autonomy kit integrates advanced computer vision, AI, and cameras for improved navigation in complex environments [1] - Autonomy addresses skilled labor shortages across industries: 2.4 million unfilled farm jobs annually, 88% of contractors struggle with labor, and 86% of landscaping businesses face labor shortages [6] Product Innovations - Autonomous 9RX Tractor: Features 16 cameras for 360-degree field view, enabling farmers to multitask during tillage season [7] - Autonomous 5ML Orchard Tractor: Equipped with Lidar sensors for dense canopy navigation, with a battery-electric version planned [7] - 460 P-Tier Autonomous Articulated Dump Truck: Designed for quarry operations, handling repetitive material transport tasks [7] - Autonomous Battery Electric Mower: Compact design with 360-degree camera coverage for commercial landscaping [7] Technology Integration - Machines are managed through John Deere Operations Center Mobile, a cloud-based platform [5] - Users can access live video, data, and metrics, with remote notifications for job quality or machine health issues [5] - Select machines will be autonomy-ready from the factory, while others can be retrofitted with the second-generation perception system [4] Industry Impact - The technology aims to address critical labor shortages while improving productivity in essential industries [2] - Autonomous solutions support food production, infrastructure development, and landscaping services [2] - The company's technology stack enables safe autonomous operation in diverse environments [2] CES 2025 Presence - John Deere will showcase autonomous machines and cutting-edge technologies at booth 5016 in West Hall [8] - The company will participate in three panel discussions on technology's role in agriculture and farming [12]

Group 1 - Deere & Company is facing challenges with declining sales due to weak crop prices and growers postponing machinery upgrades [1] - Despite these challenges, the company has been effective in maintaining its profit margins [1]

Core Viewpoint - Deere & Co is positioned to benefit from rising grain prices, which historically correlate with increased profits and stock prices, making it a strong candidate for dividend growth investments [2][4]. Group 1: Dividend Strategy - The "Made for 2025" Dividend Plan focuses on identifying dividend stocks with potential for significant payout increases, particularly in the context of Deere's operations [1]. - Deere has returned a substantial 60% of its cash to shareholders through dividends and buybacks over the past two decades, contributing to its strong performance [5]. - The company has increased its dividend by 145% over the last 10 years, particularly during periods of rising wheat prices, enhancing shareholder value [5][7]. Group 2: Market Conditions - Current low wheat prices present a buying opportunity for investors, as historical trends indicate that troughs in wheat prices often precede upcycles in Deere's profits [3][6]. - Despite trading sideways since 2022, Deere's management remains optimistic about future agricultural price increases, recently raising the dividend by 10.2% [7]. Group 3: Business Operations - Deere is a key player in the agricultural, construction, and forestry equipment sectors, with a strong reputation for performance during favorable grain price conditions [2][4]. - The company has strategically deployed its cash to acquire new businesses and invest in its core operations, ensuring long-term growth and stability [5].