Deere&Company earnings beat by $0.85, revenue topped estimates

INVESTING.COMMay 21, 10:16 AM UTC

Key insights

  • Deere & Company reported strong Q2 results, beating EPS and revenue estimates. This positive earnings surprise, coupled with upward EPS revisions, suggests potential resilience in the agricultural equipment sector. While the stock has seen recent weakness, these results could provide a near-term boost and indicate underlying strength that may influence broader industrial sentiment.
Deere&Company earnings beat by $0.85, revenue topped estimates

Investing.com - Deere&Company (NYSE: DE) reported second quarter EPS of $6.55, $0.85 better than the analyst estimate of $5.70. Revenue for the quarter came in at $13.37B versus the consensus estimate of $11.56B.

Deere&Company’s stock price closed at $560.46. It is down -15.40% in the last 3 months and up 8.69% in the last 12 months.

Deere&Company saw 13 positive EPS revisions and 5 negative EPS revisions in the last 90 days. See Deere&Company’s stock price’s past reactions to earnings here.

According to InvestingPro, Deere&Company’s Financial Health score is "fair performance".

Check out Deere&Company’s recent earnings performance, and Deere&Company’s financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

Most traders can read a chart. The hard part is the moment: entry window open, pattern forming, and you're still waiting for more confirmation. That's the conviction gap — and our chart analysis closes it. Unlike other AIs that just read data, our Vision AI literally "sees" your charts and hands you a complete trading plan: entry, stop-loss, and profit target in under 60 seconds. Know exactly what to do next, every time.

Continue reading on INVESTING.COM

Related Articles