Core Insights - Deere reported $11.17 billion in revenue for the quarter ended April 2025, reflecting a year-over-year decline of 17.9% and an EPS of $6.64 compared to $8.53 a year ago, exceeding the Zacks Consensus Estimate of $10.65 billion by 4.89% and delivering an EPS surprise of 16.90% [1] Revenue Performance - Equipment Operations net sales were $11.17 billion, surpassing the average estimate of $10.67 billion by six analysts, but showing a year-over-year decline of 17.9% [4] - Construction & Forestry net sales were $2.95 billion, below the average estimate of $3.05 billion, with a year-over-year decline of 23.3% [4] - Agriculture and Turf net sales totaled $8.22 billion, exceeding the average estimate of $7.62 billion, but still reflecting a year-over-year decline of 15.8% [4] - Small Ag & Turf net sales were $2.99 billion, above the average estimate of $2.77 billion, with a year-over-year change of -6% [4] - Production & Precision Ag net sales reached $5.23 billion, exceeding the average estimate of $4.85 billion, but showing a decline of 20.5% year-over-year [4] Financial Services - Financial services revenues amounted to $1.39 billion, slightly above the average estimate of $1.35 billion, with a year-over-year change of -0.7% [4] - Total financial services revenue was $1.50 billion, surpassing the average estimate of $1.46 billion, reflecting a year-over-year decline of 5.5% [4] - Finance and Interest Income from financial services was $1.38 billion, slightly above the average estimate of $1.37 billion, with a year-over-year decline of 7.8% [4] - Other Income from financial services was $121 million, exceeding the average estimate of $90.58 million, showing a year-over-year increase of 31.5% [4] Stock Performance - Shares of Deere have returned +10% over the past month, compared to the Zacks S&P 500 composite's +9% change, indicating a relatively strong performance [3] - The stock currently holds a Zacks Rank 4 (Sell), suggesting potential underperformance against the broader market in the near term [3]

Core Viewpoint - Analysts expect Deere (DE) to report a quarterly earnings of $5.68 per share, reflecting a year-over-year decline of 33.4%, with revenues projected at $10.65 billion, down 21.8% from the previous year [1] Revenue Estimates - The consensus estimate for 'Net Sales and Revenues- Equipment Operations- Net sales' is $10.67 billion, indicating a year-over-year change of -21.6% [3] - Analysts predict 'Net Sales and Revenues- Construction & forestry net sales' to reach $3.05 billion, suggesting a decline of 20.7% year over year [4] - The combined estimate for 'Net Sales and Revenues- Agriculture and Turf' is $7.62 billion, reflecting a year-over-year change of -22% [4] - 'Net Sales and Revenues- Small ag & turf net sales' is expected to be $2.77 billion, down 13.1% from the prior year [5] - The estimate for 'Net Sales and Revenues- Production & precision ag net sales' stands at $4.85 billion, indicating a decline of 26.3% year over year [5] - The overall estimate for 'Net Sales and Revenues- Net sales' is $10.62 billion, suggesting a year-over-year change of -22% [6] - 'Net Sales and Revenues- Other revenues' is projected at $212.04 million, down 7.8% from the previous year [6] Financial Services Revenue Estimates - Analysts estimate 'Net Sales and Revenues- Financial services revenues' at $1.35 billion, reflecting a year-over-year change of -3.2% [7] - The total for 'Net Sales and Revenues- Financial services- Total' is projected to be $1.46 billion, indicating an 8.3% decline year over year [7] - 'Net Sales and Revenues- Financial services- Finance and Interest Income' is expected to reach $1.37 billion, down 8.7% from the prior year [8] - 'Net Sales and Revenues- Financial services- Other Income' is forecasted at $90.58 million, suggesting a year-over-year change of -1.5% [8] - 'Net Sales and Revenues- Equipment Operations- Finance and interest income' is estimated at $110.08 million, indicating a decline of 14.7% from the previous year [9] Stock Performance - Over the past month, shares of Deere have returned +7.3%, outperforming the Zacks S&P 500 composite's +3.8% [9]