US Edition
Deere: Fiscal Q2 Earnings Snapshot
- On Thursday, April 27, 2025, Deere & Co. Announced a net income of $1.8 billion for its fiscal second quarter at its headquarters in Moline, Illinois.
- The earnings followed a 16% decline in worldwide net sales and revenues to $12.76 billion due to market challenges and workforce reductions started in late 2023.
- Adjusted revenue of $11.17 billion surpassed nine analysts’ average estimate of $10.65 billion surveyed by Zacks Investment Research.
- CEO John May said, "We remain confident in the future," highlighting ongoing investment and commitment to customer value amid near-term market challenges.
- Deere expects fiscal 2025 net income between $4.75 billion and $5.50 billion, emphasizing cost competitiveness and innovation despite the difficult environment.
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Deere's Resilience Shines Through Tariffs, Analysts Raise Price Forecasts - Deere (NYSE:DE)
Deere & Company (NYSE: DE) saw an increase in price forecast after reporting second quarter results, with strong net sales and revenue despite tariffs. Latest Ratings for DE DateFirmActionFromTo Mar 2022Wells FargoInitiates Coverage OnOverweight Feb 2022OppenheimerMaintainsOutperform Feb 2022JP MorganMaintainsUnderweight View More Analyst Ratings for DE View the Latest Analyst Ratings
·New York, United States
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The Quad-City Times+3 Reposted by 3 other sources
Deere sales down 16% in Q2, down 22% in last 6 months
Despite the challenges, Deere remains "confident" in the future. Here's a look at the company's second quarter report.
·Cherokee County, United States
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Leaning Left5Leaning Right1Center12Last UpdatedBias Distribution67% Center
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- 67% of the sources are Center
67% Center
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C 67%
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