Deere (DE) Q4 Earnings Miss Estimates

Core Insights - Deere reported quarterly earnings of $3.93 per share, missing the Zacks Consensus Estimate of $3.96 per share, and down from $4.55 per share a year ago, representing an earnings surprise of -0.76% [1] - The company posted revenues of $10.58 billion for the quarter ended October 2025, exceeding the Zacks Consensus Estimate by 5.92%, and up from $9.28 billion year-over-year [2] - Deere shares have increased approximately 17.6% year-to-date, outperforming the S&P 500's gain of 15% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2.62 on revenues of $7.19 billion, and for the current fiscal year, it is $19.43 on revenues of $40.03 billion [7] - The estimate revisions trend for Deere was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Manufacturing - Farm Equipment industry is currently in the bottom 11% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8]