Financial Performance - Deere reported $10.36 billion in revenue for the quarter ended July 2025, reflecting a year-over-year decline of 9.1% [1] - The earnings per share (EPS) for the same period was $4.75, down from $6.29 a year ago [1] - The reported revenue exceeded the Zacks Consensus Estimate of $10.26 billion by 0.97%, while the EPS surprised by 2.81% against the consensus estimate of $4.62 [1] Segment Performance - Equipment Operations net sales were $10.36 billion, surpassing the six-analyst average estimate of $10.18 billion, but still down 9.1% year-over-year [4] - Construction & Forestry net sales reached $3.06 billion, slightly below the $3.11 billion average estimate, marking a 5.4% decline year-over-year [4] - Agriculture and Turf net sales totaled $7.3 billion, exceeding the $7.07 billion average estimate, but down 10.5% year-over-year [4] - Small Ag & Turf net sales were $3.03 billion, outperforming the five-analyst average estimate of $2.78 billion, with a minor decline of 0.9% year-over-year [4] - Production & Precision Ag net sales were $4.27 billion, slightly below the $4.28 billion average estimate, reflecting a significant 16.2% year-over-year decline [4] Financial Services - Financial services revenues amounted to $1.42 billion, below the $1.51 billion estimate, representing a 4.8% decline year-over-year [4] - Total financial services revenue was $1.54 billion, compared to the $1.62 billion estimate, indicating a 7.4% year-over-year decrease [4] - Finance and Interest Income from financial services was $1.43 billion, below the $1.49 billion estimate, down 6.8% year-over-year [4] Stock Performance - Shares of Deere have returned +1.1% over the past month, compared to the Zacks S&P 500 composite's +3.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [3]
Here's What Key Metrics Tell Us About Deere (DE) Q3 Earnings